000			01777nam a2200145 4500
008			250624b |||||||| |||| 00| 0 eng d
100			_aIsha Jaswal
245			_aCan the Post-COVID FDI Boost the Indian Economy?
300			_aPP293-303
500			_aEver since the liberation of trade policies in India, Foreign Direct Investments (FDI) has been crucial in the growth of the economy, both at the macro as well as sector level. The association between FDI and economic growth is an area of interest globally. The investment decisions are affected by several national and international events that add to the volatility of the number of inflows. COVID-19 pandemic severely impacted the intensity of FDI inflows. But the strong resilience by our government manifested in crucial policy reforms and proactive decision-making minimized the impact. This article examines the potential impact of FDI on crucial macroeconomic variables using the Computable General Equilibrium (CGE) Model. Introducing the policy shock of $90 billion into the model, an increase of 5.68% per annum in GDP is estimated. Findings indicate that the impact of FDI shall be favourable to a large number of sectors mainly metals, construction, motor vehicle, computers, and electronics in terms of increased output, exports, and employment opportunities. The study offers logical implications for the policymakers to continue strengthening their moves to attract FDI.
654			_aForeign Direct Investment _aInternational trade _aEconomic growth _aCovid -19 pandemic _aGovernment policy
700			_aBadri Narayanan G _aShanu Jain
773	0		_080316 _9112640 _dNew Delhi Sage Publications _tVision: The Journal of Business Perspectives _x0972-2629
942			_cJA
999			_c131827 _d131827