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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?

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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=

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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

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