Of 122 projects approved between 2018 & 2023 with proposed investment of Rs 4.29 lakh crore, only 38 implemented. Delays in clearances, corruption & land issues continue to pose challenges.
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.
Speaking at an event in Delhi, US Ambassador to India Eric Garcetti adds 'FDI isn't flowing into India at pace it should' & New Delhi must not view its self-reliance as 'fortress'.
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.
With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
COMMENTS