[RiseofAsia]

https://youtu.be/n4BA9a2poBk?si=W_YxBFHu8al8DK-w

[CHAOS]

India to Consider Easing Rules for FDI and Overseas Investments

India BriefingJuly 25, 2024

The finance minister Nirmala Sitharaman has proposed easing regulations for foreign direct investment (FDI) and overseas investments in the Union Budget 2024. This comes following a 3.49 percent decline in FDI, which fell to US$44.42 billion in FY 2023-24, from countries such as Mauritius and Singapore. The UNCTAD 2024 report revealed that India had dropped seven places to rank 15th on the World Investment Ranking.

Internal discussions are ongoing about further liberalizing FDI policies. Earlier this year, India permitted 100 percent FDI in space sectors like satellite manufacturing and operation, satellite data products, and ground segment and user segment.

[CHAOS]

Over the past few years, India's treatment of foreign enterprises and investment, especially those from China, have been in serious violation of market principles and rules, which further confirms and solidifies the outside world's impression that India is a "graveyard for foreign investment." India has created a variety of restrictions to suppress Chinese firms, and a considerable number of lawsuits have yet to be concluded. Many Chinese companies that have generally operated legally in India have also been slandered and smeared. Singh's statement proves the speculation that India is actually selective in its law enforcement, and indirectly proves the innocence of Chinese companies.

https://www.globaltimes.cn/page/202401/1305742.shtml

[WhatDoYouThink!]

They duno about san ge before? Now they shd know them very well