<div>Upbeat about the FDI inflows into India, Union Commerce and Industry Minister Nirmala Sitharaman said, “At $29.6 billion, India has received the highest FDI in the last fiscal.”<br /><br />“Since the introduction of the Consolidated FDI Policy in 2015, the foreign investments situation in India has been simplified. FDI, FPI and FIIs have become seamless, and thereby more sector-specific,” she said. <br /><br />“With FDI growing at 38 per cent, compared with a 16 per cent dip globally, the confidence that India is instilling, across the globe, is only improving,” reiterated Sitharaman. <br /><br />Delivering a special lecture on ‘FDI, FII and WTO’ at IIMB on Tuesday, she said Prime Minister Narendra Modi’s several country visits have fructified into sector-specific investments. FIIs ( Foreign Institutional Investments), on the other hand, have seen a progressive decline, she said.<br /><br />On round-trip transactions camouflaging foreign investments, she said, “Round-tripping as a problem is very well recognised, and the government is actively taking measures to address them.” <br /></div>
<div>Upbeat about the FDI inflows into India, Union Commerce and Industry Minister Nirmala Sitharaman said, “At $29.6 billion, India has received the highest FDI in the last fiscal.”<br /><br />“Since the introduction of the Consolidated FDI Policy in 2015, the foreign investments situation in India has been simplified. FDI, FPI and FIIs have become seamless, and thereby more sector-specific,” she said. <br /><br />“With FDI growing at 38 per cent, compared with a 16 per cent dip globally, the confidence that India is instilling, across the globe, is only improving,” reiterated Sitharaman. <br /><br />Delivering a special lecture on ‘FDI, FII and WTO’ at IIMB on Tuesday, she said Prime Minister Narendra Modi’s several country visits have fructified into sector-specific investments. FIIs ( Foreign Institutional Investments), on the other hand, have seen a progressive decline, she said.<br /><br />On round-trip transactions camouflaging foreign investments, she said, “Round-tripping as a problem is very well recognised, and the government is actively taking measures to address them.” <br /></div>
