India : FDI inflow touches $82 bn in FY21, Highest Ever !

[lightoftruth]

Foreign direct investment (FDI) flows into India grew 10% in 2020-21 to touch a record $81.72 billion, with FDI equity inflows rising 19% to almost $60 billion, the Commerce and Industry Ministry said on Monday.

Singapore emerged as the top investor with almost a third of all investments, followed by the U.S. which accounted for 23% of FDI and Mauritius from where 9% of the foreign capital flows originated.

FDI equity flows from the U.S. more than doubled during the year compared with 2019-20, while investments from the U.K. surged 44%. However, the sharpest growth among the top 10 FDI-origin countries was recorded from Saudi Arabia. Investments from the oil-rich nation jumped from a mere $90 million in 2019-20 to $2.8 billion last year.

Gujarat was the top FDI destination in the year gone by, accounting for 37% of the foreign equity inflows followed by its traditional industrial rival Maharashtra which got 27% of the equity inflows.


Karnataka accounted for another 13% of the equity investments, indicating that the rest of the country got a disproportionately less 23% of foreign equity capital.


“Computer software and hardware has emerged as the top sector during 2020-21 with about 44% share of the total FDI equity inflow followed by construction (infrastructure) activities (13%) and services sector (8%), respectively,” the Ministry said.

As much as 94% of the equity FDI into Gujarat was routed into the computer software and hardware sector, with the State accounting for 78% of the total investments into the sector. Karnataka, with 9% of FDI equity receipts into the sector, was followed by Delhi which received 5%.

In 2019-20, India had received $74.39 billion in FDI, with almost $50 billion coming in the form of equity investments.

“Construction (infrastructure) activities, computer software and hardware, rubber goods, retail trading, drugs and pharmaceuticals and electrical equipment have recorded more than 100% jump in equity during 2020-21,” the statement pointed out.


https://www.thehindu.com/business/Economy/fdi-inflow-touches-82-bn-in-fy21/article34636548.ece

YoY 10% growth ! Good Going.

 

[lightoftruth]

https://www.business-standard.com/a...in-india-in-2020-21-dpiit-121052801131_1.html



The US replaced Mauritius as the second largest source of foreign direct investment into India during 2020-21 with inflows of USD 13.82 billion, according to government data.

Singapore remained the top source of foreign direct investment (FDI) into the country for the third consecutive fiscal at USD 17.41 billion.


During the last financial year, India attracted USD 5.64 billion in FDI from Mauritius, according to the data by the Department for Promotion of Industry and Internal Trade (DPIIT).

The island country was followed by UAE (USD 4.2 billion), Cayman Island (USD 2.79 billion), Netherlands (USD 2.78 billion), UK (USD 2.04 billion), Japan (USD 1.95 billion), Germany (USD 667 million), and Cyprus (USD 386 million).



Overall foreign direct investments into the country grew 19 per cent to USD 59.64 billion during 2020-21 amid measures taken by the government for policy reforms, investment facilitation and ease of doing business.

Total FDI, including equity, re-invested earnings and capital, rose 10 per cent to the highest-ever USD 81.72 billion, as against USD 74.39 billion in 2019-20.

In 2020-21, the computer software and hardware sector attracted the highest inflows of USD 26.14 billion. It was followed by construction - infrastructure activities (USD 7.87 billion) and services sector (USD 5 billion).

 

[Capt. Karnage]

Economy is on ventilator. Such things have no meaning. Common people have no jobs, and cost of essentials have skyrocketed.

 

[Jackdaws]

Economy is on ventilator. Such things have no meaning. Common people have no jobs, and cost of essentials have skyrocketed.

But Adani is now the second richest man in Asia after Ambani.

Meanwhile, NPAs of PS Banks keep rising.

 

[Chakar The Great]

I am not an economist , but I do feel the income inequality is one big issue in India.


Like 71% of country's wealth goes to just one percent people while rest of 99 percent population shares the remaining 29% wealth. This creates billionaires on one hand and extremely poor on the other.

 

[lightoftruth]

Economy is on ventilator. Such things have no meaning. Common people have no jobs, and cost of essentials have skyrocketed.

The only thing i agree with, inflation has increased.

Things are not as bad ,their is an impending recovery from last year with clear signs like these.

These things create jobs and wealth thus have meaning.

 

[Capt. Karnage]

The only thing i agree with, inflation has increased.

Things are not as bad ,their is an impending recovery from last year with clear signs like these.

These things create jobs and wealth thus have meaning.

Ghanta recovery. Things are going worse from bad. Now there are only two men who can save the country, one is Dr Manmohan and the other is Prof Raghuram Rajan. But that pig modi has no need of competent people but illiterate turds like himself.

But Adani is now the second richest man in Asia after Ambani.

Meanwhile, NPAs of PS Banks keep rising.

That's what bhakts voted modi for. So that they could proudly say that the richest Asians are Indians while millions struggle even to survive in the ram rajya created by modi jeee.

 

[lightoftruth]

Ghanta recovery. Things are going worse from bad. Now there are only two men who can save the country, one is Dr Manmohan and the other is Prof Raghuram Rajan. But that pig modi has no need of competent people but illiterate turds like himself.

Same manmohan who sat peacefully on PM Chair while congress looted the entire country ? Made environment lisence a bidding contest ? 2G spectrum a first come first service ? Coal mines a free for all ?
One can list 100 scams under congress.

It is the same Raghuram Rajan under which the whole NPA mess turned out be a mountain under which Indian economy was getting burried.

One can understand the issues of current economic position s vis a vi covid but congress was bullshit and is bullshit and arguably bigger threat to Indian economy than Covid.

The same FDI was 20 billion under congress in 2013-14 in 7 years it is 4 freakin times.

 

[Capt. Karnage]

Same manmohan who sat peacefully on PM Chair while congress looted the entire country ? Made environment lisence a bidding contest ? 2G spectrum a first come first service ? Coal mines a free for all ?
One can list 100 scams under congress.

It is the same Raghuram Rajan under which the whole NPA mess turned out be a mountain under which Indian economy was getting burried.

One can understand the issues of current economic position s vis a vi covid but congress was bullshit and is bullshit.

Where are you getting your facts dude, bjp it cell? Dr Rajan was the one who tried to control the NPA crisis as he was against fekuchand's mandate to banks to distribute loans freely even to people with poor credit history and also refused to release money for his nonsense expenditure aimed at winning elections alone. That's why feku got rid of him. And as for the scams Modi has already surpassed congress in that, it's just that CAG and other institutions are no longer free to speak. Demonetisation, Rafale deal, Pmcares etc all are scams of Modi government.

 

[Smarana Mitra]

Where are you getting your facts dude, bjp it cell? Dr Rajan was the one who tried to control the NPA crisis as he was against fekuchand's mandate to banks to distribute loans freely even to people with poor credit history and also refused to release money for his nonsense expenditure aimed at winning elections alone. That's why feku got rid of him. And as for the scams Modi has already surpassed congress in that, it's just that CAG and other institutions are no longer free to speak. Demonetisation, Rafale deal, Pmcares etc all are scams of Modi government.

Rajan created the mess of NPA to make India artificially grow after 2008 depression. Ge did not do anything but the NPA simply became uncontrollable and hence eventually burst.

You seem to be some frustrated turd blaming govt for diseases and pandemics. Tomorrow you will blame govt for cyclone and earthquakes too. Your craziness has no limit

 

[lightoftruth]

Where are you getting your facts dude, bjp it cell? Dr Rajan was the one who tried to control the NPA crisis as he was against fekuchand's mandate to banks to distribute loans freely even to people with poor credit history and also refused to release money for his nonsense expenditure aimed at winning elections alone. That's why feku got rid of him. And as for the scams Modi has already surpassed congress in that, it's just that CAG and other institutions are no longer free to speak. Demonetisation, Rafale deal, Pmcares etc all are scams of Modi government.

Learn more before ranting everyone as BJP It cell or bhakts ....
Do you know Raghuram Rajan was associated with UPA since 2007 ? Under planning commission than later under manmohan singh as economic advisor ,he is completely responsible for all the economic scams/mess that happened during UPA 2,
HE wanted to stop bad loans ? Lulz he was instead intrested in increasing lending after recession in 2010 onwards to put money in people's hand ,instead UPA put that directly into the hands to corporates who just flew of to London and interestingly it's modi who is bringing that money back.

Congress is an ecosystem of cancer that did everything to systematically destroyed Indian economy,one can see that quite clearly.

Not one scam has stuck on Modi ,Rafale was thrown out of supreme court.

But I guess you believe that even supreme court is sold out so their is little or no debate on that.

 

[Capt. Karnage]

Rajan created the mess of NPA to make India artificially grow after 2008 depression. Ge did not do anything but the NPA simply became uncontrollable and hence eventually burst.

You seem to be some frustrated turd blaming govt for diseases and pandemics. Tomorrow you will blame govt for cyclone and earthquakes too. Your craziness has no limit

Listen mr L@#dbhakt, this government is a total failure. No one is blaming the Modi government for disease, it itself is a disease for the country.

 

[RealNapster]

Economy is on ventilator. Such things have no meaning. Common people have no jobs, and cost of essentials have skyrocketed.

FDI is another name of Jobs. I don't know how can there be lack of (or absence of) jobs when FDI of almost $80+ billion come to India each year ??

 

[Capt. Karnage]

Learn more before ranting everyone as BJP It cell or bhakts ....
Do you know Raghuram Rajan was associated with UPA since 2007 ? Under planning commission than later under manmohan singh as economic advisor ,he is completely responsible for all the economic scams/mess that happened during UPA 2,
HE wanted to stop bad loans ? Lulz he was instead intrested in increasing lending after recession in 2010 onwards to put money in people's hand ,instead UPA put that directly into the hands to corporates who just flew of to London and interestingly it's modi who is bringing that money back.

Congress is an ecosystem of cancer that did everything to systematically destroyed Indian economy,one can see that quite clearly.

Not one scam has stuck on Modi ,Rafale was thrown out of supreme court.

But I guess you believe that even supreme court is sold out so their is little or no debate on that.

You bhakts are next level regards. How will Modi's scams come out in open when SC chief justice is going to RS on BJP's ticket? When media and legislators are brought up, when CAG and EC have been weakened and led by corrupt officers acting as BJP'S agents?

Btw how much black money did feku brought back?

FDI is another name of Jobs. I don't know how can there be lack of (or absence of) jobs when FDI of almost $80+ billion come to India each year ??

What jobs? Do you know more than 15 crore people have lost their jobs in last 2 years? Students are observing jumla day and berojgar day on fekuchand's birthday for reason.

 

[lightoftruth]

You bhakts are next level regards. How will Modi's scams come out in open when SC chief justice is going to RS on BJP's ticket? When media and legislators are brought up, when CAG and EC have been weakened and led by corrupt officers acting as BJP'S agents?

Btw how much black money did feku brought back?

As always it's just name calling with everything is owned by modi and we can't do shit, victim card with you all.

Atleast own up the scams of congress to be taken seriously and train Rahul baba for 2024.

Read benami amendment Act 2016 and its impact ,I feel like talking to a poorly educated kid.