(a) whether investment proposals for March, 2019 quarter were lower than that of December, 2018 quarter and even corresponding quarter of 2017;
(b) if so, the details thereof;
(c) whether it is true that during the last two years, investment proposals on trailing four-quarter average basis has fallen from 7 trillion rupees to 2.5 trillion rupees; and
(d) if so, the details thereof along with the reasons therefor?
Minister of State (Finance) (Shri Anurag Singh Thakur)
(a) to (d): Foreign Direct Investment is either received under automatic route or proposals are received by the respective Ministries/Departments of the Government of India depending on the sector to which the entity belongs. As regards domestic investment, Ministry of Statistics and Programme Implementation maintains the details of Gross Capital Formation. A statement indicating quarter-wise details of foreign direct investments inflow in India from the quarter ending December 2017 to quarter ending March 2019 and the Gross Capital Formation for the years 2015-16 to 2017-18 is at Annexure-I.
The quantum of Investment depends on various factors, domestic as well as global. However, there is no uniform pattern of investments. The overall investment as measured by Gross Capital Formation has been growing steadily.
Annexure-I
Foreign Direct Investment inflows:
Amount in Rs Million
Period Number of FDI Proposal received under Government approval route on FIF Portal FDI inflows
Approval route Automatic route Acquisition through transfer
Oct-Dec 2017 32 6,549.40 456,844.00 220,892.40
Jan-March 2018 36 84,179.70 445,017.80 574,317.60
April-June 2018 24 103,360.50 669,517.10 851,795.20
July – Sept 2018 30 15,065.30 580,982.60 699,374.30
Oct – Dec 2018 27 20,398.50 689,109.10 781,464.80
Jan – March 2019 27 27,701.10 598,924.20 139,406.80
Gross Capital Formation (GCF)*
(in Rs. crores)
2015-16 2016-17 2017-18
**GCF (current prices) 42,19,569 44,74,728 50,70,703
**GCF (2011-12 prices) 37,31,740 39,07,865 42,86,989
*Source Statement 1.1 & 1.2, Press Note on First Revised Estimates of National Income, Consumption Expenditure, Saving and Capital Formation for 2017-18 published on 31.01.2019.