{"id":28558,"date":"2018-10-24T12:59:32","date_gmt":"2018-10-24T07:29:32","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=28558"},"modified":"2018-10-24T12:59:32","modified_gmt":"2018-10-24T07:29:32","slug":"fdi-growth-hits-5-year-low","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/fdi-growth-hits-5-year-low\/","title":{"rendered":"FDI growth hits 5-year low"},"content":{"rendered":"<p><a href=\"https:\/\/www.thehindu.com\/todays-paper\/tp-business\/fdi-growth-hits-5-year-low\/article24307196.ece\"><strong>FDI growth hits 5-year low<\/strong><\/a><\/p>\n<p><strong><u>News:<\/u><\/strong><\/p>\n<ol>\n<li>FDI growth hits 5 year low in India<\/li>\n<\/ol>\n<p><strong><u>Important facts:<\/u><\/strong><\/p>\n<ol>\n<li>2. According to the latest data of the Department of Industrial Policy and Promotion(DIPP), FDI in 2017-18 grow by only 3% to $ 44.8 billion.<\/li>\n<li>3. Foreign inflows in the country grew by 8.67% in 2016-17, 29% in 2015-16, 27$ in 2014-15, and 8% in 2013-14.<\/li>\n<li>4. An UNCTAD report, too, recently stated that the high FDI in India decreased to $ 40 billion in 2017 from $ 44 billion in 2016 fiscal.<\/li>\n<li>5. According to UNCTAD report, outflows from India, the main source of the FDI in South Asia, more than doubled to $ 11 billon.<\/li>\n<li>6. Downward pressure on the FDI and slowdown in global value chains are a major concern for policy makers worldwide.<\/li>\n<li><u>7. Sector specific FDI:<\/u><\/li>\n<\/ol>\n<ul>\n<li>The main sectors that received maximum foreign inflows in the last fiscal include services ($6.7 billion), computer software and hardware ($6.15 billion), telecommunications ($6.21 billion), trading ($4.34 billion), construction ($2.73 billion) automobile ($2 billion) and power ($1.62 billion).<\/li>\n<\/ul>\n<p>8. Mauritius has emerged as the largest source of FDI in India with $15.94 billion in 2017-18 followed by Singapore ($12.18 billion), Netherlands ($2.8 billion), the US ($2.1 billion) and Japan ($1.61 billion).<\/p>\n<p>9.Further, the data showed that the FDI equity inflow of $44.8 billion in 2017-18 is the highest ever for any financial year.<\/p>\n<p><u>10. FDI is critical to because:<\/u><\/p>\n<ul>\n<li>It helps in improving ease of business in the country.<\/li>\n<li>Critical to revive domestic investment.<\/li>\n<li>For attracting more foreign investors.<\/li>\n<li>Decline in foreign inflows could put pressure on the country\u2019s balance of payments.<\/li>\n<li>May also impact the value of the rupee.<\/li>\n<\/ul>\n<p>11.Although India has done considerably well in terms of improving ease of doing business ranking, it needs to take step for reviving domestic investment to attract FDI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FDI growth hits 5-year low News: FDI growth hits 5 year low in India Important facts: 2. According to the latest data of the Department of Industrial Policy and Promotion(DIPP), FDI in 2017-18 grow by only 3% to $ 44.8 billion. 3. Foreign inflows in the country grew by 8.67% in 2016-17, 29% in 2015-16,&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/fdi-growth-hits-5-year-low\/\">Continue reading <span class=\"screen-reader-text\">FDI growth hits 5-year low<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-28558","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704906350},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=28558"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28558\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=28558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=28558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=28558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}