TMI BlogFOREIGN DIRECT INVESTMENTX X X X Extracts X X X X X X X X Extracts X X X X ..... FOREIGN DIRECT INVESTMENT X X X X Extracts X X X X X X X X Extracts X X X X ..... in US$ billions) 1. 2014-15 45.15 2. 2015-16 55.56 3. 2016-17 60.22 4. 2017-18 60.97 5. 2018-19 62.00 6. 2019-20 74.39 7. 2020-21 81.97 To promote Foreign Direct Investment (FDI), the Government has put in place an investor-friendly policy, wherein except for a few sectors, most sectors are open for 100% FDI under the Automatic route. Further, the policy on FDI is reviewed on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an ongoing basis, to ensure that India remains attractive & investor friendly destination. Changes are made in the policy after having consultations with stakeholders including apex industry chambers, Associations, representatives of industries/groups and other organizations. Government has recently undertaken a number of reforms across sectors. In the last one year alone, reforms in the FDI poli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cy have been undertaken in sectors such as Insurance, Defence, Petroleum & Natural Gas, Telecom, etc. Foreign Direct Investment inflows serve to augment domestic investments, promotes industrial development and employment generation across sectors and ancillary industries. Further, such investments bring international best practices and latest technologies which facilitate in skill development, e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xport promotion and improvement of overall competitiveness of economy leading to overall economic growth and development in the country.
This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri SomParkash, in a written reply in the Lok Sabha today. X X X X Extracts X X X X X X X X Extracts X X X X
|