FOREIGN DIRECT INVESTMENT IN INDIAN RAILWAYS – AN ANALYSIS

Ranjith Kumar, B. Jayarama Bhat

Abstract


Apart from being a critical driver of economic growth, Foreign Direct Investment (FDI) is a major non-debt financial resource for the economic development of India. FDI means investment made into business of a country by a company in another country. In other words, FDI is basically a cross-border investment which is made by the resident of an economy in an enterprise in another economy. Now-a-days, in India, the railways transport attracts FDI in the name of development. This paper intends to discuss about the FDI inflow into India in the railways transport sector. The paper is based on secondary information gathered from different sources

Keywords


FDI, Indian Railways, Transportation, Cross-Border Investment, Economic Development

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References


Jha R. (2003). “Recent Trends in FDI Flows and Prospects for India”, SSRN, No. 431927.

Singh K. (2005). “Foreign Direct Investment in India: A Critical Analysis of FDI from 1991-2005”, Centre for Civil Society, Research Internship Programme, New Delhi.

Shalini Aggarwal (2012). “FDI in India”, IJCEM, Vol. 15, Issue 5, pp. 93-105.

Sajjad Ahamad Parry (2017). “Analysis of FDI and its Impact on GDP and Indian Railways Before and After Make in India Initiative”, IJMRD, Vol. 4, Issue 2, pp. 69-74.

Websites

www.indianrailway.co.in.

www.mygov.co.in.

www.railindia.com.

www.dipp.gov.in.


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