6th International Virtual Congress (IYSC-2020) And Workshop. 10th International Science Congress (ISC-2020).  International E-publication: Publish Projects, Dissertation, Theses, Books, Souvenir, Conference Proceeding with ISBN.  International E-Bulletin: Information/News regarding: Academics and Research

Impact of Foreign Direct Investment on Indian economy

Author Affiliations

  • 1Vice President, 3A-Oberon Apartment, 6-Lamb Road, Ambari, Guwahati, Assam, INDIA

Res. J. Management Sci., Volume 1, Issue (2), Pages 29-31, September,6 (2012)

Abstract

Foreign direct investment (FDI) as a strategic component of investment is needed by India for achieving the economic reforms and maintains the pace of growth and development of the economy. The paces of FDI inflows in India initially were low due to regulatory policy framework but there is a sharp rise in investment flows from 2005 towards because of the new policy has broadened. The study tries to find out how FDI seen as an important economic catalyst of Indian economic growth by stimulating domestic investment, increasing human capital formation and by facilitating the technology transfers. The main purpose of the study is to investigate the impact of FDI on economic growth in India.

References

  1. Ministry of Finance, Report of the economic survey, Government of India, New Delhi (2003-04)
  2. Weisskof T.E., The impact of foreign capital inflow on domestic savings in underdeveloped countries, Journal of International Economics, 2, 25-38 (1972)
  3. Sahoo D. Mathiyazhagan M.K. and Parida P., Is Foreign Direct Investment an engine of growth? Evidence from the Chinese economy, Savings and Development, , 419-439 (2002)
  4. Nayak D.N., Canadian Foreign Direct Investment in India: Some observations, Political Economy Journal of India, , 51-56 (1999)
  5. Srivastava S., What is the true level of FDI flows to India?, Economic and Political Weekly, 19, 1201-1209 (2003)
  6. Basu P., Nayak N.C. and Vani A., Foreign Direct Investment in India: Emerging Horizon, Indian Economic review, 25, 255-266, (2007)
  7. Weisskof T.E., The impact of foreign capital inflow on domestic savings in underdeveloped countries, Journal of International Economics, 2, 25-38 (1972)