THE EFFECT OF FOREIGN DIRECT INVESTMENT DUE TO NEW ECONOMIC POLICY AND ITS IMPACT ON INDIAN ECONOMY
Downloads
Abstract
When an investor from a foreign country makes an investment in a business in another country it is known as Foreign Direct Investment (FDI). Foreign Direct Investment plays an important role in the growth and development of any country’s economy. After the Gulf war in 1990, the surge in oil prices triggered which imposed a severe strain on the balance of payments in India. The Indian government could not pass the budget in February 1991 at a crucial time. India’s economic reforms began with New Economic Policy by finance minister Dr. Manmohan Singh. In 1991 under the Narasimha Rao Government which brought immense investment in the form of foreign direct investment. It is the primary duty of the Competition Commission of India (CCI) to regulate and scrutinize that any sort of companies’ recognition is affecting the healthy competition in India. Social justice is a concept of a society in which every human being is treated equal, without any discrimination and the “State” should see that the common man must enjoy the fruits of development in the nation. This paper discusses the effect of foreign direct investment due to the New Economic Policy and its Impact on the Indian economy.
External References to this Article
Loading reference data...
License Terms
Ownership and Licensing:
Authors of research papers submitted to any journal published by The Law Brigade Publishers retain the copyright of their work while granting the journal specific rights. Authors maintain ownership of the copyright and grant the journal the right of first publication. Simultaneously, authors agree to license their research papers under the Creative Commons Attribution-ShareAlike 4.0 International (CC BY-SA 4.0) License.
License Permissions:
Under the CC BY-SA 4.0 License, others are permitted to share and adapt the work, even for commercial purposes, provided that appropriate attribution is given to the authors, and acknowledgment is made of the initial publication by The Law Brigade Publishers. This license encourages the broad dissemination and reuse of research papers while ensuring that the original work is properly credited.
Additional Distribution Arrangements:
Authors are free to enter into separate, non-exclusive contractual arrangements for distributing the published version of the work (e.g., posting it to institutional repositories or publishing it in books), provided that the original publication by The Law Brigade Publishers is acknowledged.
Online Posting:
Authors are encouraged to share their work online (e.g., in institutional repositories or on personal websites) both prior to submission and after publication. This practice can facilitate productive exchanges and increase the visibility and citation of the work.
Responsibility and Liability:
Authors are responsible for ensuring that their submitted research papers do not infringe on the copyright, privacy, or other rights of third parties. The Law Brigade Publishers disclaims any liability for any copyright infringement or violation of third-party rights within the submitted research papers.
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Copyright © 2026 by N. Karpaha, Dr. D Nagarathinam, S. Rakesh Kumar, M. Sivakumar
The copyright and license terms mentioned on this page take precedence over any other license terms mentioned on the article full text PDF or any other material associated with the article.
