India's Liberalization of FDI Rules Seen as a Significant Macroeconomic Reform.

The article focuses on the advantage of the liberalization of foreign direct investment (FDI) regulations in India as it served as a significant structural macroeconomic reform of the country. The announcement which was revealed on November 11, 2015, was part of the government's plan to restore the financial viability of the power distribution companies. It also mentions the key changes of the FDI regime and the potential long-term efforts of the reform.