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Monday, 23 May 2022

Who got more FDI? - Manmohan or Modi? Modi govt recieved 75% more FDI against 10 years of Manmohan govt.

Who got more FDI? - Manmohan or Modi ?


Modi govt recieved 75% more 💰FDI against 10 years of Manmohan govt.

#Key points-

✓Total FDI inflows under 10 year tenure of Manmohan govt💰 $300 billion, average  $30 billion per annum(FDI worth per day in indian currency Rs600 crore).

✓Total FDI inflows under 8 year tenure of Modi govt 💰$525 billion, average  $65 billion per annum (FDI worth per day in indian currency Rs1330 crore).

✓India received $83.57 billion FDI 2021-22,the highest so far.India can attract $160-$200 billion FDI annually due to various economic reforms,large investment in  infrastructure and increased ease of doing business.