Finances Session Stay Updates: India Should Pull Out All Stops To Appeal to FDI, Says Financial Survey

India should “pull out all of the stops” and enhance tax certainty and stability to draw extra overseas direct investments (FDI) into the nation, the Financial Survey stated. 

It stated that regardless of the short-term volatility in international markets, triggered by components equivalent to inflationary pressures, rising rates of interest in developed economies, and geopolitical tensions, the long-term outlook for FDI in India stays beneficial.

The nation’s strong financial fundamentals, ongoing structural reforms, and rising client market place make it a key vacation spot for overseas investments.

“One, we should pull out all of the stops wooing FDI and making itself extra enticing for overseas buyers. India has been doing so,” the survey stated.