What is the impact of FDI?

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Saddiya  Anwar asked 17-Feb-2020 in Indian economy by Saddiya Anwar

What is the impact of FDI?

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Saddiya  Anwar answered 17-Feb-2020 by Saddiya Anwar

What is the impact of FDI?

Foreign Direct Investment is a major driver of economic growth as it enhances productivity by bringing capital, skills and technology to the host country. The Government is playing a proactive role in investment promotion through liberal FDI policy.

During 2019-19, total FDI equity inflows were US$44.36 billion as compared to US$44.85 billion during 2017-18. More than 70 per cent have come mainly from Singapore, Mauritius, Netherlands, Japan and United Kingdom, out of FDI equity inflows of US$44.36 billion during 2018-19.

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