Air contamination is defined as the presence of toxins that affect the environment (Vallero 2011). India, as a rapidly developing nation, needs to manage its ecological issues well to minimise contamination of air, water and soil. The major factors for air pollution in the country are:
The inflow of foreign direct investment (FDI) in India has paved the path for the economical and financial development of a country. There has been significant increase in economic growth after the liberalization policies undertaken by India in 1991 (Nagaraj 1997). Though the journey to growth has not always been a smooth trend for India. However, the reformation has improved the gross domestic product (GDP) over the years. It has indicated sound growth especially in the recent years when the inflow of foreign capital has increased immensely (Sahni 2012).
Foreign Direct Investment (FDI) is an international flow of capital where a company or individual of one country makes an investment in another country. The main objective of such investment is to establish business operations which will generate a lasting interest in the investee economy (Goldberg, n.d.). Read more »
India is gaining importance globally as a rapidly developing economy. Investors from all over the world has showed faith in the flexible Indian economy. One of the major factor for rapid economic growth in India after 1991 can be attributed to huge inflow of foreign capital. There are various determinants which led to such huge capital inflow in India. Political and legal system is one of the key factors. Read more »
The current trends of the foreign direct investment show a stark increase in the Asian developing countries. However the flow has been declining in other regions, especially in the developed economies. Inflow of foreign funds to India nearly doubled, reaching an estimated US$59 billion (Unctad 2015). Measures taken by the government to improve the investment climate have had a remarkable impact along with the business environment of the country. The emergence of India as one of the preferred investment location can be explained by imperfect market theory. Read more »
The economic reforms of 1991 has brought significant changes to the Indian economy. The Indian government adopted the policy of liberalization, privatization and globalization in 1991, which wasn’t expected from a Prime Minister who was considered to be a socialist. Read more »
The post reform period being the prospective period for strengthening the base of the Indian economical sectors for its growth with liberalization policy. This has increased the expectations of the foreign investors pursuing them to invest in different sectors of India. Also, progressive policies towards liberalisation made the Indian economy a lucrative market to invest. Factors such as, reinforcing the confidence of the investors have further added prospects to the growth of the Indian economy as a whole (Akhtar 2013). There are various determinants which have led to higher inflow of foreign investment in India. Read more »