fated08
Answered

Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Join our platform to get reliable answers to your questions from a knowledgeable community of experts. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

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

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.