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India’s FDI squeeze

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One of the narratives of the Bharatiya Janata Party on the eve of the overall election in May-June this yr was that India, below the Narendra Modi authorities, was starting to say her rightful place on the planet. It was rising at 7 per cent, was the quickest rising main financial system, was poised to turn out to be the world’s third largest financial system by 2027 and, with insurance policies aimed toward bettering the convenience of doing enterprise, was attracting the most effective of funding from abroad. Becoming a producing hub for the world for at the least some items additionally appeared properly nearby.

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