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As Growth Slows, India Awakens to Need for Foreign Investment

New York Times Original article ›

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Competitive liberalization with states taking the lead for development in India

12/16/2011

Indian government policy is shifting to state led development as coalition governments in New Delhi are unable to create the consensus for needed decisions. An example is the failure to provide clear direction for foreign investment in India's retail sector in 2011-2012 because of disagreements with minority region based parties in the ruling coalition government of Manmohan Singh. Decisons were finally taken with a change in coalition partners after a decline in foreign investment and large deficits forced the government to act.

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The government of prime minister Manmohan Singh's efforts to attract foreign investment to India in 2012-2013

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Indian Panel Approves Vodafone, Tesco Investment Plans

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Wal-Mart Drops Ambitious Expansion Plan for India

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