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प्रश्न
Examine the steps taken by the developing countries to attract foreign investment.
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उत्तर
- Industrial zones, called Special Economic Zones (SEZs), are being set up. SEZs are to have world class facilities: electricity, water, roads, transport, storage, recreational and educational facilities.
- Companies who set up production units in the SEZs do not have to pay taxes for an initial period of five years.
- Government has also allowed flexibility in the labour laws to attract foreign investment.
- Instead of hiring workers on a regular basis, companies hire workers ‘flexibly’ for short periods when there is intense pressure of work. This is done to reduce the cost of labour for the company.
- Investing in their transport network is another way for developing countries to entice MNCs for foreign investments because a better transport network lowers operational costs and reduces wear and tear.
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संबंधित प्रश्न
Describe any three steps taken by the Central and State governments to attract foreign investment in India .
Special Economic Zones (SEZs) are being set up to attract ____________.
Which of the following contributes to globalisation?
Globalisation so far has been more in favour of:
In India most of the workers are employed in the:
Globalisation leads to rapid movements of the following between countries:
In what ways Multi-National Corporations (MNCs) different from other companies? Explain with an example.
'Among producers and workers, the impact of globalization has not been uniform.' Support the statement with suitable arguments.
Analyse the impact of Globalisation in India.
‘Globalisation is a multi-dimensional concept.’ Examine the statement.
