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Explain any 3 steps taken by …

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Explain any 3 steps taken by the government to attract foreign investment.

Posted by Taanya Oberoi 7 years, 1 month ago

CBSE > Class 10 > Social Science

1 answers

Gaurav Seth 7 years, 1 month ago

Investment made by MNCs is known as foreign investment. In order to attract foreign investment following steps are taken by the Indian government :

(i) Restrictions on trade and investment, have been removed to a large extent.
(ii) India has allowed the Indian producers to compete with the producers of the world.
(iii) Allowing privatisation of many public sector industries by the government.

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CBSE > Class 10 > Social Science