C 10 (a) Examine the steps taken by the Central Government and State Governments to attract foreign investment in India - Social Science - Water Resources

Question

C 10 (a) Examine the steps taken by the Central Government and
State Governments to attract foreign investment in India

Megha Sharma · Accepted Answer

SOLUTION:
The Central and state governments attracts foreign investment in
the following ways:

Allowing the foreign companies as tax free for the first five
years in the industrial zones or SEZs (special economic zones)
Industrial zones called SEZs (special economic zones) are being
setup These zones are to have world class facilities, such as
electricity, water, roads, transport, storage, recreational and
educational facilities
Flexibility in labour laws

C.10 (a) Examine the steps taken by the Central Government and State Governments to attract foreign investment in India.