FDI and Economic Growth: Imperatives for India

Date of Award

Spring 8-1-2021

Document Type

Thesis

Degree Name

MA in Geopolitics and International Relations

Department

Department of Geopolitics & International Relations

Abstract

One of the popular ways in which foreign firms are allowed to indulge in the economic activities of a nation is through the process of Foreign Direct Investment (FDI). In the Indian scenario, the FDI has been attributed a major role in economic development, wherein the volume of FDI inflow and level of economic development are positively related to each other. TheIndian government has taken several policy initiatives to encourage FDI inflow into the Indian economy.FDI might be one of the important sources and forces behind the economic development of India but it is not the sole solution for several other issues like poverty, unemployment, and other socio-economic issues.

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