UPSC Essentials | Daily subject-wise quiz | Economy (Week 47)
Are you preparing for UPSC CSE Prelims 2024? Check your progress and revise your topics through following quiz on Economy.
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Are you preparing for UPSC CSE Prelims 2024? Check your progress and revise your topics through following quiz on Economy.
India emerges as a "real alternative" to China for investors as the benchmark indices hit new highs, FDI inflows surge, and strong infrastructure investments continue. Experts see Prime Minister Narendra Modi's return to power as a positive for economic policies. India's stock market reaches record highs, with optimism for future growth, in contrast to China's economic challenges.
To ensure a resilient and sustainable industrial environment, three indicators need close monitoring: FDI inflow into the green sector, Indian firms' R&D expenditure across industries, and the global presence of Indian products
The drop in fresh equity inflow could likely be explained by growing uncertainty about near-term global growth. But this means that 60% drop in gross FDI inflow in India in 1H FY24 or 55% in 9M 2022 is relatively starker. This brings us to the second reason for the falling FDI in India.
India is attracting fresh global capacity expansion as part of supply chain diversification, potentially leading to higher investment flows by 2024.