文件名称:Hao
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have been relaxed. There is no doubt
that in the post-1991 period FDI flows in India
have increased, but the growth in portfolio
investment has been more dramatic. In 1993-
Firstly, by permitting foreign institutional
investors to enter its capital markets and secondly,
by allowing domestic companies to raise capital
that in the post-1991 period FDI flows in India
have increased, but the growth in portfolio
investment has been more dramatic. In 1993-
Firstly, by permitting foreign institutional
investors to enter its capital markets and secondly,
by allowing domestic companies to raise capital
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