Question : India Records highest ever FDI inflow In FY21. What is that FDI inflow amount ?
a. 81.72 Billion dollar
b. 85.88 Billion dollar
c. 88.90 Billion dollar
d. 92.00 Billion dollar
Ans. a.
- India has recently(May 2021) attracted highest ever total Foreign Direct Investment or FDI inflow of US$ 81.72 billion during the financial year 2020-21.
- 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 with around 44% share of the total FDI Equity inflow followed by Construction (Infrastructure) Activities (13%) and Services Sector (8%) respectively.