Development Strategies

Developing India’s Economy: The main steps

By Avani, Philip, Aidan and Pier

Problem vWhat are the strategies that India is adopting to develop itself? v vThese different strategies are applicable to India and under what conditions? v vAre these strategies have known success in India that have applied?

O ve rvie w 

I. Import and export strategies

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I. II. Promoting MNCs to invest & their effects

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III. Modernization of Agriculture

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IV. The Foreign Direct Investments

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V. The external debt

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stria liza tio n th ro u g h im p o rt su b sti   

“ Most imports are from outside of the country ” 

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Ambros Bierce quotes.

Foreign direct investment • Definition • Foreign Direct Investment (FDI) is permited – Through financial collaborations. – Through joint ventures and technical collaborations. – Through capital markets via Euro issues. – Through private placements or preferential allotments.

• Forbidden Territories: – Arms and ammunition. – Atomic Energy.

Foreign direct investment • The benefits of FDI: – New jobs – The transfer of technology skills – Currency earnings 

• The limits of FDI: – low wages – poor working conditions – Expulsion of local businesses 

Foreign direct investment (2)

The External Debt • Definition •

References