Subject/Topic Wise Current Affairs for UPSC Exam

FDI and recent rules

Increased FDI Inflows in FY 2020-21

Increased FDI Inflows in FY 2020-21 India has attracted the highest ever total FDI inflow of US$ 81.72 billion during the financial year 2020-21 and it is 10% higher as compared to the last financial year 2019-20 (US$ 74.39 billion). FDI equity inflow grew by 19% in the F.Y. 2020-21 (US$ 59.64 billion) compared to the previous year F.Y. 2019-20 (US$ 49.98 billion). In terms of top investor countries, Singapore is at the apex with 29%, followed by the U.S.A (23%) and Mauritius (9%) for the F.Y. 2020-21. ‘Computer Software & Hardware’ has emerged as the top sector during F.Y. 2020-21…

05 April, 2021 FDI and recent rules

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India’s investment market

India’s investment market FDI inflows Google, Facebook, Walmart, Samsung, Foxconn, and Silver Lake have been just a handful of the firms that made big-ticket bets on India in 2020. As a result, even as India experienced one of the world’s sharpest economic contractions, it also saw the fastest growth in Foreign Direct Investment (FDI) inflows among all the major economies last year. India’s $60 billion-plus tally for new annual FDI equity inflows was its largest-ever haul and a milestone in the agenda of Prime Minister Narendra Modi’s government in its second term. Indeed, a significant share of India’s FDI inflows…

22 March, 2021 FDI and recent rules