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(Online Course) Contemporary Issues for IAS Mains 2012: Govt. Plans Programmes & Policies - Investment Climate
Govt. Plans Programmes & Policies
Initiatives Taken to Improve Indian Economy
Question: Investment Climate.
The policy on FDI has been further liberalized and rationalized over the year to make it more investor friendly. FDI is now permitted in Limited Liability Partnerships and upto 100% in single-brand retail trading.
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During April 2011 to February 2012, FDI equity inflows were US$ 28.40 billion, an increase of 55% over the corresponding period a year ago. Central Public Sector Enterprises (CPSEs) are major drivers of economic growth. In order to accelerate investment, 17 CPSEs have committed to a projected investment of more than Rs. 1,30,000 crore in 2012-2013.
