Jul 3, 2013

100% FDI in Telecom

Telecom Commission gives 100% FDI  nod.
Impact: As much as the foreign inflow of investment will be there, there will be an outflow of profits and  in the long run a lot of 'Indian money'.
Will create jobs.
Will bring in good competition and technology.
Bring down the tele-connectivity prices (Hopefully. If anyone can give me a reason for or against this, it would be great.)
But is India not saturated enough a market for growth? Will investments flow in like expected?

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