Foreign direct funding inflows to India fell in 2021
New Delhi: Total overseas direct funding (FDI) influx to India declined to $74.01 billion within the calendar yr 2021, which is 15 per cent decrease from $87.55 billion recorded within the earlier yr, authorities stated on Wednesday.The FDI influx contains fairness influx, fairness capital of unincorporated our bodies, re-invested earnings and different capital."FDI is largely a matter of commercial business decisions and FDI inflow depends on a host of factors such as availability of natural resource, market size, infrastructure, political and general investment climate as well as macro-economic stability and investment decision of foreign investors. In calendar year 2021, the FDI inflow decreased by 15 per cent as compared to calendar year 2020," Minister of State for Commerce Som Parkash stated in a written reply to a query within the Lok Sabha.To promote FDI, the federal government has put in place an investor-friendly coverage, whereby most sectors besides sure strategically vital sectors are open for 100 per cent FDI beneath the automated route. Further, the coverage on FDI is reviewed on an ongoing foundation, to make sure that India stays enticing and investor-friendly vacation spot, the minister stated.
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