{"id":68969,"date":"2020-11-09T17:10:47","date_gmt":"2020-11-09T11:40:47","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=68969"},"modified":"2021-06-12T18:54:12","modified_gmt":"2021-06-12T13:24:12","slug":"foreign-investment-in-india","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/foreign-investment-in-india\/","title":{"rendered":"Virtual Global Investor Roundtable\u00a0(VGIR) for Foreign Investment in India"},"content":{"rendered":"\n<p><strong>Context-\u00a0<\/strong>Prime Minister has chaired the Virtual Global Investor Roundtable\u00a0(VGIR), with an aim to attract investment.<\/p>\n<h5><strong>What Virtual Global Investor Roundtable (VGIR) 2020 conference?<\/strong><\/h5>\n<p>It is\u00a0an exclusive dialogue\u00a0between leading global institutional investors, Indian business leaders and the highest decision-makers from the Government of India and Financial Market Regulators.<\/p>\n<ul>\n<li><strong>Organized by<\/strong>\u2013\u00a0Ministry of Finance and the\u00a0National Investment and Infrastructure Fund\u00a0(NIIF).<\/li>\n<li><strong>Focus for 2020<\/strong>\u2013\u00a0Discussions around India\u2019s economic and investment outlook, structural reforms and the government\u2019s vision for the path to a USD 5 trillion economy by 2024-25.<\/li>\n<\/ul>\n<h5><strong>Key highlights of the conference-<\/strong><\/h5>\n<ul>\n<li><strong>National Infrastructure Pipeline<\/strong>\u2013 Under it, India has an ambitious plan to\u00a0invest USD 1.5 trillion\u00a0in various social and economic infrastructure projects, aimed for faster economic growth and alleviation of poverty in the country.<\/li>\n<li><strong>India as safest investment hub<\/strong>\u2013 Prime minister in this conference pitched India as the ideal destination and the country offered returns with reliability, demand with democracy, stability with sustainability and growth with a green approach.<\/li>\n<\/ul>\n<h5><strong>What are the challenges for revival of investment?<\/strong><\/h5>\n<ol>\n<li><strong>Low FDI inflow in India<\/strong>\u00a0\u2013Contraction in investment since July-September quarter in 2019 and then the Pandemic has caused a further shock.<\/li>\n<\/ol>\n<p><strong>Read Also :-<a class=\"seoquake-params-link\" href=\"https:\/\/forumias.com\/blog\/indias-potential-as-a-global-investment-hub\/\" rel=\"599b2907 x_url\">India\u2019s potential as a Global investment Hub<\/a><\/strong><\/p>\n<ul>\n<li><strong>Fixed investment<\/strong>\u00a0has continues to face an uncertain outlook given the weak consumption because of the Demand shock caused by pandemic.<\/li>\n<li><strong>Lack of funds<\/strong>\u2013 the government\u2019s ability to apportion more funds for growth-spurring capital projects is hamstrung by a widening fiscal deficit amid border stand-off, the health crisis and revenue shortfall.<\/li>\n<\/ul>\n<ol start=\"2\">\n<li>The three-fourths of FDI equity inflows in 2019-20 fiscal-year being accounted by single large telecom company, a bulk of this investment is unlikely to manifest as new job-creating factories or businesses.<\/li>\n<li><strong>Lack of policy stability<\/strong>\u00a0\u2013 Bureaucratic procedures and corruption continue to make India less attractive to foreign investors.<\/li>\n<li><strong>Infrastructure<\/strong>\u00a0is also one of the issues that need to be addressed.<\/li>\n<\/ol>\n<h5><strong>Possible solutions<\/strong><\/h5>\n<ul>\n<li><strong>Assurance of stability<\/strong>\u2013 India needs to ensure that assurance of stability is buttressed by actions that dispel investors\u2019 concerns over unstable policy.<\/li>\n<\/ul>\n<p>Read Also :-<a class=\"seoquake-params-link\" href=\"https:\/\/forumias.com\/blog\/india-hosts-meeting-of-brics-finance-and-central-bank-meeting-2021\/\" rel=\"a03e6ec3 x_url\">India hosts meeting of &#8220;BRICS finance and central bank<\/a>..<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Context-\u00a0Prime Minister has chaired the Virtual Global Investor Roundtable\u00a0(VGIR), with an aim to attract investment. What Virtual Global Investor Roundtable (VGIR) 2020 conference? It is\u00a0an exclusive dialogue\u00a0between leading global institutional investors, Indian business leaders and the highest decision-makers from the Government of India and Financial Market Regulators. Organized by\u2013\u00a0Ministry of Finance and the\u00a0National Investment and&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/foreign-investment-in-india\/\">Continue reading <span class=\"screen-reader-text\">Virtual Global Investor Roundtable\u00a0(VGIR) for Foreign Investment in India<\/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":[1230,1351,1310,1305,9],"tags":[1354],"class_list":["post-68969","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-daily-news","category-daily-news-updates","category-index-reports-bodies","category-public","tag-eco_3","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704768794},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/68969","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=68969"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/68969\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=68969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=68969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=68969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}