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Showing posts from May 14, 2019

FDI- Boon Or Bane for Indian Economy

Foreign Direct Investment (FDI) is an investment made by a company or individual of one country in business interests in another country. It has been a controversial issue in Indian economy and also it was used as a political aspect by two major political parties in India. In India, FDI was introduced in 1990. FDI is a boon to country's economic growth as it helps in overall GDP flow in the country. There are many advantages and disadvantages too. When it compared with advantages, which are - FDI helps in revenue generation, employment, improve the technology, change the culture followed in Retail industry, Cultural exchange, Infrastructure Development, Price Reduction and Healthy competition. Consumers are the main beneficiaries since product will be of higher quality and great efficiency with less cost compared to other sellers. It helps the farmers because they be selling directly to FDI retailers without any merchants and thus helps them to get the good value for their yie