What is the impact of FDI?

Asked 17-Feb-2020
Viewed 719 times

1 Answer


0

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.

Read More at : answers.mindstick.com