FDI IN DEFENCE-PRACTICAL PERSPECTIVE
Abstract
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The study examines the perception of army personnel and professors regarding the impact of a hike in FDI in defence on an Indian economy, on the nation’s security and regarding achievement of self-reliance with the help of independent sample t-test. The results of the study revealed that the p-values were less than a priori alpha level of .001 which implied that it was acceptable to assume that the levels were considered to be non-normal. However, Independent sample t-test could also proceed with non-normal population as t-test is a robust against departure from normality of the data set. The study found that in case of defence, the study elucidated that professors perceived a more positive impact of a hike in FDI limit in Indian economy’s defence sector than an army personnel. The study suggested that through FDI government must foster sustainable development by bolstering education system, health and R&D system and by ensuring personal security of the citizens.

Authors
Neena Brar, B.S Bhatia, Balbir Singh
Guru Nanak College, Budhlada, India1, Sri Guru Granth Sahib World University, India2,RIMT University, India3

Keywords
Defence Sector, Globaliasation, Indian Economy, Self-Reliance
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Published By :
ICTACT
Published In :
ICTACT Journal on Management Studies
( Volume: 8 , Issue: 3 , Pages: 1617-1621 )
Date of Publication :
August 2022
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215
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