Foreign Direct Investment in India: Impact on Indian Economy

Author:Nazaquat Husain

Abstract:
Foreign Direct Investment (FDI) plays a vital role in the speedy development of developing countries like India. Foreign Direct Investment plays an important role of bridging the gap between the available and required resources. In Indian context, FDI helps in achieving self-reliance in various sectors and in overall development of economy. The present study found that Foreign Direct Investment played a tremendous role to boost our economy but there are some thrust area like Health, Education, Medical, Road Construction, Public Transport, Agriculture etc. where Foreign Direct Investment is yet to play an effective role. Foreign Direct Investment is absolutely indispensable in new emerging global economic scenario but we need to limit its bad effect and taking into account the concept of inclusive growth. The author has made his good efforts to investigate the scenario of FDI in India, advantageas derived from FDI and different chanllenges and limitation of FDI faced by India.

Keywords:Keywords: Foreign direct investment, overall development, inclusive growth.

DOI:

International Journal of Trade & Commerce (Vol: 4 Issue:2)