FDI and Economic Growth: Imperatives for India
Date of Award
MA in Geopolitics and International Relations
Department of Geopolitics & International Relations
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.
Bhatt, Kiran, "FDI and Economic Growth: Imperatives for India" (2021). University Departments. 21.