(a) the amount of investment made by the Non-Resident Indians in various States/Union Territories of the country during each of the last four years, State/UT and sector-wise;
(b) the impact of above said investment on the targeted areas during the said period;
(c) whether the Government proposes to boost investment in all the areas across the country including Uttar Pradesh; and
(d) if so, the details thereof, State/UT-wise?
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THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY
(SHRI C.R. CHAUDHARY)
(a): The sector wise data of investment made by Non-Resident Indians (NRIs) is not centrally maintained. Investment includes both FDI as well as Foreign Portfolio Investment (FPI). State/UT wise data on Foreign Direct Investment (FDI) by NRIs during each of the last four financial years is at Annexure–I. The year-wise data on total investments under Foreign Portfolio Investment (FPI) from NRIs is at Annexure–II. However, State/ UT wise data of FPI from NRIs is not centrally maintained.
(b): No such study has been undertaken by the Government on the impact of such investment in targeted areas.
(c) & (d): 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. 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. FDI policy is an enabling policy which is uniformly applicable in the country which includes the State of Uttar Pradesh.
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