It’s been exactly 5 years of Modi government in power.
The last phase of world’s largest electoral exercise has begun and within a few days, we will see the 17th Lok Sabha being constituted.
We discuss some of the parameters on which India’s external performance can be analysed.
Forex reserves, among other indicators, are an indicatorof how well a country is prepared, if there is an economic crisis in the country, such as the one India had in 1990s, when we had to take loan from the IMF.
For an economy, sound forex reserves means that the economy is doing well on the global front.
Post-2014, India’s forex reserves have exponentially increased.
Over the last five years, FDI worth the US $286 billion were received in the country.
FDI played a critical factor in determining growth prospects of the country, where in addition to capital support, FDI brings in other resources including technological know-how, industry best practices & global experience.
The numbers were surpassed year after year, registering all-time high records, which in FY 2019 touched the US $ 64.37 billion, marking 6% growth over the previous year.
The telecommunication sector played a dominant role in FDI inflow figuring $4.2 billion, followed by the services sector ($2.8 billion).
The Modi governments approach to sustain the growth momentum and upholding its credential of continuing reform process led further boost to FDI aided economic growth trajectory.
The policy reform will lead to greater flexibility and ease of operations and allowing online sales before the opening of retail stores.
Thanks to the Modi government for becoming the voice of the non-Muslim refugees, today in true sense they got independence.
On Wednesday (11.12.2019), after a long discussion in the Rajya Sabha, the Citizenship (Amendment) Bill, 2019 got a clean chit in the Rajya Sabha.
Citizenship (Amendment) Bill 2019 in Rajya Sabha.
— Amit Shah (@AmitShah) December 11, 2019
Earlier Union Home Minister Amit Shah took this debatable Bill in the Upper House, in Lok Sabha, which got clearance with a great margin, the votes in favor were 311 and against members were 80.
He also tried to solve all the queries of the Opposition’s allegation who called this Bill as the anti-Muslim, saying that the Bill will have no repercussion on Indian Muslims.
Considering buying property in Qatar?
Discovering why real estate investment in Qatar is gaining momentum compared to other international markets could turn your maybe into a resounding YES.After all, Qatar is the most inspiring economy in the Middle East.
Its consistently high GDP and government policies that support an influx of population are just two aspects driving foreign direct investment (FDI) into Qatar’s real estate market.Residency Visas For ExpatsThe Office for Non-Qatari Real Estate Ownership was recently established in Doha, Qatar, according to Cabinet Resolution No.28 of 2020, to support aspiring Qatar expats.
