The government must find out what constrains Indian companies from exploring the domestic market for investment with the same zeal as they are showing with regard to outward FDI.
There are distinctions between gross and net flows, inflows and outflows, and new money and reinvestment of earnings. Each signifies a different aspect of the FDI story.
Government data shows MNCs have favourite states when it comes to where to invest. Auto companies especially look for specific advantages that some states have & concentrate on those.
As percentage of GDP, gross & net FDI are lowest since mid-2000s. ‘Rigidities’ in doing business here, and India’s decision to terminate bilateral treaties are to blame, analysts say.
Beneath the uniform and the gallantry award was a man of rare humility. There was no trace of bravado in Colonel Sonam Wangchuk, no attempt to wear his achievements on his sleeve.
We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.
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