The “Act East Policy” creates opportunities for Assam to:

Expand trade and investment
Attract foreign direct investment (FDI)
Strengthen fiscal cooperation with neighboring countries
All of the above

The correct answer is: d) All of the above.

The “Act East Policy” is a foreign policy initiative of the Government of India to deepen India’s economic engagement with its eastern and southeastern neighbors. The policy aims to promote trade and investment, strengthen connectivity, and boost cultural ties with the region.

Assam is a state in northeastern India that shares borders with Bhutan, China, Myanmar, and Bangladesh. The state has a population of over 31 million people and is a major producer of tea, oil, and natural gas.

The “Act East Policy” has the potential to create significant opportunities for Assam. The policy could help to expand trade and investment in the state, attract foreign direct investment (FDI), and strengthen fiscal cooperation with neighboring countries.

The expansion of trade and investment would benefit Assam’s economy by creating jobs and boosting economic growth. The attraction of FDI would help to improve the state’s infrastructure and attract new businesses. The strengthening of fiscal cooperation with neighboring countries would help to improve Assam’s access to markets and resources.

Overall, the “Act East Policy” has the potential to create significant opportunities for Assam. The policy could help to expand trade and investment in the state, attract foreign direct investment (FDI), and strengthen fiscal cooperation with neighboring countries.

Exit mobile version