Foreign direct investment
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 ..
Month: Current affairs - September, 2022
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
India’s FDI Inflow in April-Dec 2021
According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), during April-December 2021, India’s Foreign direct investment (FDI) equity inflows contracted by 16 percent to USD 43.17 billion. Overview: During the same time period the previous ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs
J&K FDI Policy
Jammu & Kashmir’s Lieutenant Governor Manoj Sinha has approved a foreign direct investment (FDI) policy for the union territory with a foreign stake of a minimum of 51 percent. Overview: L-G Manoj Sinha approved the Policy for Promotion of Foreign ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
Foreign direct investment in LIC
The Government of India recently decided to allow 20% Foreign Direct Investment (FDI) in LIC (Life Insurance Corporation). This is to be done by amending the Foreign Exchange Management Rules (FEMA). What is the plan? The DFS, DIPAM are to ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
UN: China overtakes US for Foreign Direct Investment
Recent figures by the United Nations Conference on Trade and Development highlights that, China has surpassed the United States as the world’s top destination for the foreign direct investment (FDI) in the year 2020. Highlights The eastward shift of the ..
Month: Current Affairs - January, 2021
RBI bans FDI establishments from Mauritius-Reasons, Causes, Impacts
The Reserve Bank of India recently said that companies cannot set up Foreign Direct Investment from Mauritius. The apex bank has also banned FDI from jurisdictions similar to Mauritius as they do not comply with the norms set by Financial ..
Month: Current Affairs - October, 2020
GoI permits up to 74% FDI under automatic route in Defence Sector
On September 17, 2020, the Government of India permitted Foreign Direct Investment of 74 percentage under automatic route in defence sector. This is being done to attract more overseas investors in the defence industry. Highlights Till date, the Government of India ..
Month: Current Affairs - September, 2020
3rd US India Strategic Partnership Forum (USISPF) Summit
Prime Minister Narendra Modi will deliver a special keynote address at the third US-India Strategic Partnership Forum (USISPF) Annual Leadership Summit. It is a 5-day summit that began on August 31, 2020 with the theme “US-India Navigating New Challenges”. It ..