Answer by Shubham Bansal:
Regardless of what the take is Pay attention to this:
While managing everything efficiently and having all the money in hand is an ideal scenario for the govt. but with our fiscal deficit, little cash in hand and slow growing GDP we face two scenarios:
1.Either don't allow FDI and let everything rot like it is.
2.Allow foreign players to enter for more cash flow,foreign currency, better management, world class facilities in so many sectors and building corporate confidence.
NaMo's appreciation for FDI is well founded and known for.However keeping autonomy of key sectors is essential and not something unknown.
Deals with Japan, Germany, the UK, Australia and upcoming ones with the US suggest his pro-active approach.
How will we excel? FDI!