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Best of BS Opinion: Opening the economy for trade and investment

While at the fundamental level, India has several factors in its favour to make it a preferred investment destination, it needs to do more to attract investments

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Image source: Asean.org

Rajesh Kumar
At the BRICS Business Forum on November 14, Prime Minister Narendra Modi said India is the most open and investment-friendly economy in the world. It has political stability and predictable policy. While at the fundamental level, India has several factors in its favour to make it a preferred investment destination, it needs to do more to attract investments and push up economic growth. Some of the recent decisions have raised concerns.
 
Business Standard Opinion pieces of the day, among other things, highlight the issue of trade and what the pulling out from a regional trade could mean.

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