Foreign Investment Law and Its Impact on Labour

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This book concentrates on the growth of Indian economy by the way of law and the impact of Foreign Direct Investment. The global context for development has changed over the last three decades. These changes affect not only the role of FDI in the host countries but also the government policies on FDI. FDI generates employment opportunities in host country directly as well as indirectly because technologies are sophisticated and giving better awareness to the employers in domestic markets. With present changes in globalization the FDI is coming in insurance, information media, plantation, textile sector, steel sector, chemical sector, mining sector, coal sector, construction sector. Now FDI has planned to come to in retail sector also, which is creating greater inter competition between foreign companies as well as Indian Companies. The quality, cost of the product and creatibility in international market have increased which is having direct impact to increase employment status among Indian labour. Due to the changes in technology and improvement of product quality and global scenario, now the foreign companies are investing more in share markets, to gain more profit, that directly or indirectly affects our employment and economy of the country. The main aim of the foreign investment in India is to improve our economy that ultimately benefits our labour.

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Bibliographic information

Title
Foreign Investment Law and Its Impact on Labour
Author
Edition
1st ed.
Publisher
ISBN
8176299014
Length
xxiv+306p.
Subjects