FDI

  • September 17, 2020
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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Subject: Economy

Context:

Information about FDI was given by the Union Minister of Commerce and Industry, Shri Piyush Goyal, in a written reply in the Lok Sabha

Concept:

As compared to previous years, Foreign Direct Investment has increased in the financial year 2018-19. The year-wise increase in FDI inflow can be seen in the following table:

S. No.

Financial Year

Total FDI Inflow

(in US$  billion)

1.

2015-1655.56

2.

2016-17

60.22

3.

2017-18

60.97

4.2018-19 (P)

62.00

Note: (P) Figures are provisional. Source: Reserve Bank of India.

economy FDI