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Essay text:
and Sarma, G.K. (2008) ‘ Foreign Direct Investment in India in the Post Liberalization Period: Trends, Challenges and Prospects’, in P. Verma, P.B. Bhaskaran and P.M.Madhani (eds), Globalization Opportunities and Challenges, Wisdom Publications, Delhi, pp. 18-32)
Abstract: (With the initiation of new economic policy in 1991 and subsequent reforms process, India has witnessed a change in the flow and direction of foreign direct investment (FDI) into the country. This is mainly due to the removal of restrictive and regulated practices. Foreign direct investment in India increased from US $ 129 millions in 1991-92 to US $ 40,885 million in March, 2005, an increase of about 316...
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