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PERFORMANCE OF FOREIGN DIRECT INVESTMENT (FDI) ON THE GROWTH OF SELECT SECTORS IN INDIA-WITH RESPECT TO NSE AND BSE


Dr. N.Ponsabariraj
,
Abstract

The paper aims to analyze the Performance of Foreign Direct Investment (FDI) in Indian select sectors. The Economic reforms in India started on 24 July 1991. India's Post-Independence development strategy showed all the signs of stagnation, but the economy started showing the sign of recovery in the early nineties when the Government adopted the new economic model known as Liberalization, Privatization and Globalization (LPG) to meet a grave economic crisis; characterized by exceptional adverse Balance of Payment problem, Inflation, decline in the Foreign exchange reserve and the Gross Domestic Product (GDP) growth rate in India. The objective of the economic reforms adopted by the Indian Government was to transform a backward and predominantly agrarian economy, lacking in basic infrastructure, into a modern developed economy. The study covers a period of ten years from 2011 – 2012 to 2015 – 2016. The data collected for the study is secondary once. In addition, other required data were collected from various magazines, journals, RBI bulletin, DIPP and OCED. The collected data have been used for analysis with the help of both financial and statistical tools. Ratio analysis is a technique adopted to analyze and interpret the impact on the growth of select sectors.

KEY WORDS: Mean, Standard Deviation, Co-Efficient of Variance, Correlation and Regression.

JEL Classification Code: G14, L1, L5 and L6.

Keywords:
Journal Name :
EPRA International Journal of Economic and Business Review(JEBR)

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Vol : 5
Issue : 4
Month : April
Year : 2017
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