Review of Professional Management- A Journal of New Delhi Institute of Management

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The FDI mantra is considered an all-purpose panacea for the ills of the economy and society. Unfortunately, there has not been much debate about the far-reaching implications of FDI in Indian economy and, particularly, how it can stifle economic growth. The debate only focuses on the so-called effect on employment and loss of "socialism". This paper tries to counter to the five arguments in favour of FDI by citing some research findings.
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