India a developing Nation it is world 5th largest economy – nominal GDP and third largest by purchasing power party(ppp) to get boost up in GDP, the nation has to increase its FDI by which the nation gets help in development. FDI also increases employment which is one of the main problem of nation.
#Policies are:-
1)fiscal policy,.
2)Industrial policy.
3)Trade policy
4)Monetary policy
5)Indian agriculture policy and many more.
#Need for economic development:-. 1) economic development helps in employment. 2)economic development helps to increase in FDI for economic growth. 3)local->global:- business is to be Globalized (it help to increase in export rather than import. 4)economic development helps to improve quality of life.
Kailash Jain BBA V A M TIAS New Delhi
