India is one
of the emerging nations of the world. It is the part of the BRICS and without
it, this word has no meaning.
It attracts
a lot of investors around the world. As the labor cost of India is very low,
many companies have already made it the export hub and others are also planning
to invest in this country.
A few years
ago India was known for the Agriculture and nearly 80% of its population was
depending on it. But now this percentage is decreased and this country is known
for the software development, innovations and export hub of different motor car
companies.
According to
population, India is the second largest country of this world after China. So,
It becomes a very attractive market for the retail investors around the world.
India has
allowed 100% FDI in the retail but they had applied a lot of conditions on it.
These conditions put a lot of hindrance in front of the companies which want to
enter into this market. It proves as weakness for the retail sector in India.
If the full fledged environment will not be provided to the retail Investors then
we can say that we put up hurdles in the development of our own countries.
When we take
the example of China where shops are also exist with the big retail outlets.
FDI provides
a lot of advantage to the country such as it gives employment, development of infrastructure,
knowledge transfer etc.
So,
Government should clarify the rules & regulations. It should be easy to get
more foreign investment in the economy so that it will help in the development
of our country.
If you want to read blogs on Finance, General Philosophy ,Tourism and sports then you can visit priyankablogthoughts
No comments:
Post a Comment