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Change in Scenario of Foreign Investment in India (From 20th to 21st Century)

Author

Listed:
  • Dr. Shyam Kumar Ghai

    () (Department of Commerce, N. A. S. College, Meerut)

Abstract

The broad thrust of the new policies is not very different from the changes being implemented in other developing countries and also all over the erstwhile socialist world. They aim at reducing the extent of Government controls over various aspects of the domestic economy, increasing the role of the private sector, redirecting scarce public sector resources to areas where the private sector is unlikely to enter, and opening up the economy to trade and foreign investment. So far as other modes of investment in India are concerned, these are equally imperative in order to understand various strategies / steps taken towards path of success achievement by India. Thus, the knowledge of these other important aspects, especially various rules & regulations framed along with FDI, becomes imperative in order to get better picture of economic reforms. Ultimately, the combined efforts of DI & PI produced an increasing trend of Rs. 14,808 crore per annum. After initial negative results for five years, it is expected to touch Rs. 436,458 crore by 2024-25, which is a good sign. Thus, the present paper depicts that the World is looking towards India inspite of all ups and downs (the second largest populated country) as secure and fruitful investment avenue. Things would definitely take better shape, if potholes in the path of progress are timely taken care of.

Suggested Citation

  • Dr. Shyam Kumar Ghai, 2015. "Change in Scenario of Foreign Investment in India (From 20th to 21st Century)," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 10(1), pages 102-113, April.
  • Handle: RePEc:jct:journl:v:10:y:2015:i:1:p:102-113
    as

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    File URL: http://www.jctindia.org/v10i1april2015/12-v10y2015i1p102-113.pdf
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    References listed on IDEAS

    as
    1. Kulwindar Singh, 2005. "Foreign Direct Investment in India: A Critical Analysis of FDI from 1991-2005," Development and Comp Systems 0511013, EconWPA.
    2. Klaus Meyer, 2005. "Foreign Direct Investment in Emerging Economies," Papers Presented at Global Meetings of the Emerging Markets Forum 2005fdiee, Emerging Markets Forum.
    3. Kumar, Nagesh, 1995. "Industrialization, Liberalization and Two Way Flows of Foreign Direct Investment: The Case of India," UNU-INTECH Discussion Paper Series 03, United Nations University - INTECH.
    4. Vani Archana & N. C. Nayak & P. Basu, 2007. "Foreign Direct Investment in India: Emerging Horizon," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 42(2), pages 225-266, July.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Economic Policies; foreign investment; Economic Reforms; Financial Stability; Flow of Foreign Investment;

    JEL classification:

    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • Z0 - Other Special Topics - - General

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