Does Political Ideology Affect the Growth of Indian Economy? (A Factor of FDI and Make in India as a Structural Transformation)
Anshul Sharma1, Farman Ali2

1Dr. Anshul Sharma, Department of Management, Uttaranchal University, Dehradun (Uttarakhand), India.
2Farman Ali, Assistant Professor, Department of MBA, Uttaranchal University, Dehradun (Uttarakhand), India.
Manuscript received on 14 November 2019 | Revised Manuscript received on 03 December 2019 | Manuscript Published on 10 December 2019 | PP: 39-43 | Volume-8 Issue-3S2 October 2019 | Retrieval Number: C10071083S219/2019©BEIESP | DOI: 10.35940/ijrte.C1007.1083S219
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Abstract: The Bharatiya Janta Party (BJP) has started its second inning in June 2019, led by Prime Minister of India Shree Narendra Modi. During his first tenure the government has taken so many decisions to accelerate the growth of Indian Economy like launching of Make in India campaign, demonetization and GST Bill nonetheless from the beginning of their ruling the government has adopted the East Asian welfare economic model rather European to pursue social and structural transformation. In September 2014, Modi government launched a flagship project Make in India with an objective to set the Country as an eminent global manufacturing hub, to attract the FDI and world class manufacturer in India by making the business easy for foreign players. It is the perception of many economists that this campaigning has no meaning for Indian economy and it is only slogan and propaganda of this party. In this research paper we tried to check the effect of this maneuver on various economic barometers like FDI, GDP, Trade openness and foreign exchange etc and we also tried to give some recommendations to the government on the basis of the findings so that the campaign may be continued with full of energy and improvement. This is well acknowledged under the supervision of Prime Minister Shree Narendra Modi , the Foreign direct investment to India has grown up by 6% to 42 Billion USD with a brawny inflows in different sectors like communication, manufacturing and banking services , as per the report of United Nation India is top ranked country among the top twenty host economies of the world.
Keywords: Make in India, Sector Wise Growth, FDI & Political Ideology.
Scope of the Article: Social Sciences