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Question
In which year did India register a 5-year low growth in FDI?
In which year did India register a 5-year low growth in FDI?
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Solution
The correct option is A 2017-18
Foreign direct investment (FDI) in India is petering out with the inflows growth rate recording a five-year low of 3 per cent at USD 44.85 billion in 2017-18 according to the latest data of the Department of Industrial Policy and Promotion (DIPP).According to experts, it is critical to revive investments in home country and further improve ease of doing business in the country to attract foreign investors.
Foreign direct investment (FDI) in India is petering out with the inflows growth rate recording a five-year low of 3 per cent at USD 44.85 billion in 2017-18 according to the latest data of the Department of Industrial Policy and Promotion (DIPP).
According to experts, it is critical to revive investments in home country and further improve ease of doing business in the country to attract foreign investors.
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