Budget 2021 needs to attract foreign investment. Here’s how.

“Attracting FDI requires a two-pronged approach; first, restrictions specific to the sector in which FDI is desired to be attracted is relaxed, which includes increasing FDI limit, reducing compliance, setting up industrial parks and providing incentives for exports. One the other hand, the macroeconomic position should be improved to project a strong and stable economy for the investors and boost domestic consumption for the products,” feels Divakar Vijayasaraathy, founder and managing partner, DVS Advisors.