fated08
Answered

Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

The Indian government introduced a new economic plan called, “Make in India” in 2015. The plan has reduced the restrictions on foreign companies making products in India. How will this plan affect the economy of the country?

Plato user

The Indian Government Introduced A New Economic Plan Called Make In India In 2015 The Plan Has Reduced The Restrictions On Foreign Companies Making Products In class=

Sagot :

Based on the information given, the correct option is D. Foreign companies are likely to increase taxes in Indian exports, resulting in poor economic growth.

What are taxes?

Taxes are the compulsory levies that are imposed by the government on individuals, firms, etc.

Based on the information given, it was stated that Indian government introduced a new economic plan called, “Make in India” in 2015 and the plan has reduced the restrictions on foreign companies making products in India.

Therefore, foreign companies are likely to increase taxes in Indian exports, resulting in poor economic growth.

Learn more about taxes on:

https://brainly.com/question/1775528

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.