ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Moonshine on Foreign Investment

ACCORDING to the United Front's Common Minimum Programme (CMP), the country requires and has the capacity to absorb at least $ 10 bn a year of foreign direct investment. The amount is startlingly large against the background of the actual inflow of foreign investment in the recent past. More important, the authors of the CMP do not seem to have considered the implications of attempting to absorb FDI of this order.

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