Needed: More stable foreign capital
The article likely discusses the critical need for a country, presumably India, to attract and retain more stable forms of foreign capital, such as Foreign Direct Investment (FDI), rather than relying heavily on volatile capital flows like Foreign Portfolio Investment (FPI). It would emphasize the importance of stable capital for long-term economic growth, job creation, technology transfer, and overall macroeconomic stability, while also potentially exploring policy measures to achieve this objective.
The article likely discusses the critical need for a country, presumably India, to attract and retain more stable forms of foreign capital, such as Foreign Direct Investment (FDI), rather than relying heavily on volatile capital flows like Foreign Portfolio Investment (FPI). It would emphasize the importance of stable capital for long-term economic growth, job creation, technology transfer, and overall macroeconomic stability, while also potentially exploring policy measures to achieve this objective.
Exam linkage
GS Paper 3: Indian Economy - Issues relating to planning, mobilization of resources, growth, development and employment. Government Budgeting. Investment models.
Syllabus mapping
This topic appears in Mains
Questions on Indian Economy come up regularly in GS papers. Practice writing an answer — and see exactly what earns marks.
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