(Video) Rajya Sabha TV (RSTV) The Big Picture: Wooing FDI

Topic: Wooing FDI

Guest:

S. K. Jindal, (Chairman, Investment & Capital Markets, ASSOCHAM)
Prof. Aman Agarwal, (Director, Indian Institute of Finance)
Ajay Dua, (Former Secretary, Ministry of Commerce & Industry)

Topic Description:

Foreign Direct Investment or FDI is a major driver of economic growth and is largely a matter of private business decisions. FDI inflows depend on a number of factors sub as availability of natural resources , infrastructure , market size , general investment climate etc.

Govt of India has put in place a liberal and transparent policy for FDI with most sectors open to FDI under the automatic route. To further attract more investors the department for promotion of Industry and Internal trade and the investment promotion agency Invest India have joined hands to put in place a new mechanism under which those looking to invest 500 million dollars or more will have a designated person to facilitate all clearances.

So how will this policy help in attracting more FDI and what more needs to be done on this front .