Foreign Direct Investment (FDI) Current Affairs, GK & News

Make in India completes 8 years

The Indian Government’s Make India initiative has completed eight years. Key facts The government’s flagship initiative has helped 27 sectors to make significant progress, including manufacturing and services sectors. It has doubled the annual foreign direct investment to 83 billion USD. With this, India is expected to attract 100 billion USD in FDI this fiscal. ..

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UNCTAD World Investment Report -Highlights

According to United Nations Conference on Trade and Development (UNCTAD), India has jumped by one position to 7th in year 2021, among the top recipients of foreign direct investment (FDI). Key Facts UNCTAD announced in its latest World Investment Report, which was released on June 9, 2022. As per report, FDI inflows into India reduced to USD ..

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India’s FDI Inflow in Fiscal year 2021-22

The Ministry of Commerce and Industry said that India’s Foreign Direct Investment [FDI] inflow in the Financial Year 2021-22 reached an all-time high of USD 83.57 billion, despite the Russia-Ukraine war and Covid-19 pandemic. This shows that India’s image is favorable among global investors. How much is the increase in FDI inflow? India’s foreign investment ..

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UNCTAD ‘Investment Trends Monitor’ Report

The UN Conference on Trade and Development (UNCTAD) Investment Trends Monitor was published on January 19, 2022. Key findings of the report As per report, in 2021 the Foreign Direct Investment (FDI) flows to India were 26 per cent lower as compared to 2020, because large M&A deals recorded in 2020 were not repeated. Global ..

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Cabinet approves relief package for Telecom Companies

The Union cabinet has approved a relief package for telecom sector on September 15, 2021. The relief package includes a four-year moratorium on payment of statutory dues by telecom companies. Highlights Cabinet has also allowed 100 percent foreign investment (FDI) through the automatic route. Overall, nine structural reforms have been approved for the telecom sector. ..

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DPIIT starts project on Open Network for Digital Commerce (ONDC)

Department for Promotion of Industry and Internal Trade (DPIIT) has launched a project on Open Network for Digital Commerce (ONDC). Aim of ONDC project Project on Open Network for Digital Commerce was launched with the aim of promoting open networks developed on open-sourced methodology. Open network will be developed using open specifications & open network ..

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