Question : FDI

(a) whether there has been a fall in FDI inflow during the last six years;

(b) if so, the reasons therefor;

(c) the details of FDI inflow in last six years, year-wise; and

(d) the steps that were taken by the Government to increase FDI flow in to the country?

Answer given by the minister

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THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY
(SHRI SOM PARKASH)

(a) to (c): No Sir, Foreign Direct Investment (FDI) inflows have, in fact, increased during the last six financial years. The details are as under:
<pre>

S. No. Financial Year Total FDI Inflow
(amount in US$ million)
1. 2015-16 55,559
2. 2016-17 60,220
3. 2017-18 60,974
4. 2018-19 62,001
5. 2019-20 74,390
6. 2020-21 81,973
Source: Reserve Bank of India.
</pre>

(d): The Government reviews the FDI policy on an ongoing basis and makes significant changes from time to time, to ensure that India remains attractive & investor friendly destination. Government has put in place a liberal and transparent policy for FDI, wherein most of the sectors are open to FDI under the automatic route.

Government on its part has undertaken a number of reforms in different areas of economy. To liberalise and simplify FDI policy for providing Ease of doing business and attract investments, reforms have been undertaken by the Government recently across sectors such as Coal Mining, Contract Manufacturing, Digital Media, Single Brand Retail Trading, Civil Aviation, Defence and Insurance.


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