Title: A STUDY ON IMPACT OF FDI TO ECONOMIC DEVELOPMENT OF INDIA -A SECTORWISE ANALYSIS
Abstract: Foreign Direct investment (FDI), being a non-debt. Capital flow is a leading source at external financing, especially for the developing economics. It not only brings in Capital and technical know how but also increases the Competitiveness at the economy. Overall it supplements domestic investment, much required for sustaining the high growth at the country. Since 2000, significant changes have been made in the FDI policy regime by the govt to ensure that India becomes an Increasingly attractive and investor - friendly destination. The current phase at FDI policy is characterised by negative listing, permitting FDI freely except in a few sectors Indicated through a negative list. Under the current policy regime, there are three broad entry options for foreign direct investors, in a few sectors, FDI is not Permitted (negative list). In another small Category at sectors, Foreign investment is Permitted only till a Specified level at foreign equity Participation, and the third Category, Comprising all the other Sectors, is where foreign investment up to 1000 percent at equity Participation is allowed. The third Category has two subsets. One consisting at sectors where automatic approval is granted for FDI prior approval from the Foreign Investment Approval Board (FIPB). FDI Policy changes Increasingly reflect the requirements at Industry and are based on stake holder's Consultation. Up front listing at negative sectors has helped focus on reform areas, which are reflected in buoyant FDI inflows.
Publication Year: 2014
Publication Date: 2014-01-01
Language: en
Type: article
Access and Citation
Cited By Count: 1
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot