Amit's Blog

Is the quantum FDI very important? Is it the cause or the effect of economic development? Intuitively we know that it is important. The question is how important. The decision to invest in a particular country depends on several factors, including political situations, economic conditions, infrastructure, business growth, etc. Governments also play a significant role in attracting  foreign investors  by offering subsidies or tax concessions. FDI allows the transfer of technology—particularly in the form of new varieties of capital inputs—that cannot be achieved through financial investments or trade in goods and services. FDI can also promote competition in the domestic input market. Recipients of FDI often gain employee training while operating the new businesses, which contributes to human capital development in the host country. Profits generated by FDI contribute to corporate tax revenues in the host country However, if we look at two comparable economies (in terms of size)

 I had been planning a road trip in Ladakh for a few years. It got thwarted a couple of times due to unforeseen circumstances. Finally, I was able to do a trip this year from 19 th August to 27 th August. The preparation for the trip was over 3 months. Creating and refining an itinerary several times. The idea was to go to a variety of places without stretching ourselves too much physically. We had that altitude sickness is an issue. We also knew that in some areas the roads are bad and connectivity is non-existent. So, we wanted to keep a reserve day towards the end. As it turned out, we almost needed that extra day. Finally, we took off from Delhi on 19th August. Kushok Bakula Rimpochee Airport is one of the highest commercial airports in the world situated at 3,256 meters above sea level. The approach to the airport is spectacular from the aircraft. From the flight path, one sees an array of mountains and some of them have snow peaks. The mountains are rugged here with very