FDI is surging, but job creation lags
A 2.5% surge in FDI inflow may help India beat its peers in terms of attracting foreign investments, but translating this into large-scale job creation is still some time away
Foreign direct investment (FDI) into India touched an eight-year high of $46.4 billion in 2016. It has grown at an annual average of 28.2% for the past three years, compared with stagnant-to-declining flows earlier due to the policy logjam prevalent at that time.
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