Srinagar, May 22 -- The country's plans to tighten foreign ownership rules is a significant step in our economic evolution. As the world's fifth-largest economy continues to assert itself on the global stage, recalibrating the balance between foreign investment and national interest is both timely and strategic. While this move may create short-term ripples for sectors like e-commerce, pharmaceuticals, and technology, the long-term benefits for our economy, security, and self-reliance are substantial. Historically, foreign direct investment (FDI) has played a crucial role in India's development - creating jobs, fostering innovation, and facilitating knowledge transfer. However, unchecked or opaque foreign control in sensitive sectors can ...