FDI: Role in Economic Growth
Foreign Direct Investment (FDI) is the investment of funds by an organisation from one country into another, with the intent of establishing ‘lasting interest’. According to OECD (Organisation for Economic Co-operation and Development), lasting interest is determined when the organisation acquires a minimum of 10% of voting power in another organisation.
FDI’s Role in Economic Growth: Indian Perspective
- The inflow of FDI has shown a consistent upward trajectory, notably since 2014-15 when it stood at $45,148 million. The highest recorded FDI inflow occurred in 2020-2021, reaching $81,973 million, despite ....
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