FDI in India Rises to USD 61.96 Billion in 2017-18: Govt
According to the DIPP Secretary, in the past four years of Modi government FDI inflows took a leap from USD 152 billion to USD 222.75 billion
A representative photo. (Courtesy: Moneycontrol.)
New Delhi: Foreign direct investment in India increased to USD 61.96 billion in 2017-18, DIPP Secretary Ramesh Abhishek said today.
FDI inflows stood at USD 60 billion in the previous fiscal.
He also said during the four years of the Narendra Modi government, foreign inflows jumped to USD 222.75 billion from USD 152 billion in the previous four-year period.
However, according to an UNCTAD report, foreign direct investment (FDI) to India decreased to USD 40 billion in 2017 from USD 44 billion in 2016, while outflows from India, the main source of investment in South Asia, more than doubled.
|Power Grid Corp||208.00||1.91|
Recommended For You
- Fan Shares Akshay Kumar’s Picture from 1997, His Response is Winning the Internet
- Fact Check: Did the Indian Army Really Perform the #BottleCapChallenge With a Tank in Viral Video?
- Malinga to Retire From ODIs After First Match Against Bangladesh
- Chandrayaan 2 Launched Successfully By ISRO | India's Second Moon Mission
- Was a Brazil Priest Really Pushed Off Stage for Saying 'Fat Women Can't Go to Heaven'?