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  Role of FDI in Generation of Income and Employment
 

Role Of Fdi In Generation Of Income And Employment

by P.N. Sampangi Ramaiah

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  FDI is a blessing in disguise for capital starved countries like India, the lack of sufficient capital has and seriously constrained the pace of economic development in most of the developing countries of the world. FDI plays an important role in the development process of a country. It has potential for making a contribution to the development through the transfer of financial resources, technology and innovative and improved management techniques along with raising productivity. Developing countries like India need substantial foreign inflows to achieve the required investment to accelerate economic growth and development. It can act as a driving force for domestic industrial development. Further, it helps in speeding up economic activity and brings with it other scarce productive factors such as technical knowhow and managerial experience, which are equally essential for economic development of country. ISBN-9788189630720
 


Pages : 221
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