see here
Then there is the question of timing. The right time to attract FDI is when the country’s growth is on an upswing. A fast-growing economy is a far more attractive proposition than one that is growing modestly. If the investment regime is liberalized during troubled times, any foreign investor will be cautious before committing money. If anything, the desperation evident in Tuesday’s measures will actually prompt a wait and watch attitude on the part of investors.
i cannot imagine what will happen if the UPA returns to power again!
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