FDI is one of the the much talked about word by the Economist & Financial expert to take India to new heights
Much has been talked about this by the politician to build new India .
There is no doubt India need huge amount of FDI to Build Indian dream . Each successive government has encouraged it since 1991 , when the liberlisation process started
Even after so mch noise FDI has not increased dramatcally in the current year .
If you say calender year wise cumulative FDI till sept is USD22 Billion as against USD18 Billion last year YTD sept ( 23% growth )
If we consider status since April the growth is only 15%
In the last few Months Government of India has taken many steps to attract FDI but ground reality is dismal .
1, FDI in Railways has been allowed upto 100% in many areas
2. FDI in defence sector allowed
3. FDI in consruction sector facilitaed and eased just few days back
4, FDI hike in Insurance sector to 49% from present 26% is almost through as opposition parties are supporting this
Is it enough just to liberlase the FDI rule . I think NO
Government has to look into many more points to facilitate smooth business environment in India . Our ranking is not so good when we compare with other Countries .
But if we will see how many Countries are putting FDI in India , situation is not so encouraging . As high as 65% FDI to India is coming from only four countries ( Mauritius, singapore, UK and Japan ) . 36% is originating from Mauritius only . To boost FDI to India many more Countries must join the race of investment
Much has been talked about this by the politician to build new India .
There is no doubt India need huge amount of FDI to Build Indian dream . Each successive government has encouraged it since 1991 , when the liberlisation process started
Even after so mch noise FDI has not increased dramatcally in the current year .
If you say calender year wise cumulative FDI till sept is USD22 Billion as against USD18 Billion last year YTD sept ( 23% growth )
If we consider status since April the growth is only 15%
In the last few Months Government of India has taken many steps to attract FDI but ground reality is dismal .
1, FDI in Railways has been allowed upto 100% in many areas
2. FDI in defence sector allowed
3. FDI in consruction sector facilitaed and eased just few days back
4, FDI hike in Insurance sector to 49% from present 26% is almost through as opposition parties are supporting this
Is it enough just to liberlase the FDI rule . I think NO
Government has to look into many more points to facilitate smooth business environment in India . Our ranking is not so good when we compare with other Countries .
But if we will see how many Countries are putting FDI in India , situation is not so encouraging . As high as 65% FDI to India is coming from only four countries ( Mauritius, singapore, UK and Japan ) . 36% is originating from Mauritius only . To boost FDI to India many more Countries must join the race of investment
No comments:
Post a Comment