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Measures taken by the Government on FDI policy liberalization along with improvement in ease of doing business climate has resulted in growth of total FDI inflows. The country has been recording highest ever FDI since 2015-16. It increased from 55.56 USD billion in 2015-16 to 60.22 USD billion in 2016-17 and reached to 61.96 USD billion in 2017-18. These figures surpass the FDI inflows of any of the preceding financial years. Year wise increase in the total FDI inflows is given below:
Sr. No. | Financial Year | Total FDI Inflow (in USD billion) |
1. | 2013-14 | 36.05 |
2. | 2014-15 | 45.15 |
3. | 2015-16 | 55.56 |
4. | 2016-17 (Provisional) | 60.22 |
5. | 2017-18 (Provisional) | 61.96 |
This information was given by the Minister of State of Commerce and Industry, C. R. Chaudhary, in a written reply in the Rajya Sabha today.
FDI policy liberalization drove record foreign direct investment inflows, reflecting improved ease of doing business climate. Measures of FDI policy liberalization and improved ease of doing business are identified as drivers of sequential increases in total foreign direct investment inflows, producing the highest annual figures in the recent series and surpassing preceding financial years; year wise provisional data for 2013 14 through 2017 18 are supplied in a ministerial parliamentary reply.Press 'Enter' after typing page number.