Foreign Investment in India

Foreign Investment:

We are made to believe that only from the Foreign Investment we are running our nation's economy unless the foreign investment we can't run our Government but it's a wrong statment.

India where people have a rich cultural heritage have the habit of saving money to meet the future needs.

According to a study, the amount saved by Indians in banks are around 5 lakh crore per year.

Now Indian Government is running only from the Savings not from elsewhere.

So India is running in the savings of its own people.It is believed that we dont have much effect of 2008 Economic crisis only because of our savings.

Country like USA,UK are having people who interested in spending rather than saving money hence they can't able to tackle the economic crisis but we enjoyed very less effect of this global economic situation.

But till now our Government is trying to attract investment away from borders do you know why????????

All only for the Dollars.....

But here i have to clarify again India dont want any foreign investment but it needs foreign currency......

All world trade and transactions are made only using Dollars. So for the purpose of import goods like Petroleum products, Gold etc we need Dollars.

We have enough rupees to import them but we cant give Rupess for Petrol so we need of DOllar currency notes.

Dollars have a very good demand in world market so purchasing Dollars from market is an expensive one. So we are trying to get DOllars by attracting foreign investment.

So

India is in great need of Dollars but not a foreign investment to run their GOvernment.

But in my view this may change in course of years.I tell you the reason in my next post.............

HOPE YOU UNDERSTAND MY WAY OF SPEAKING

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