 "FDI, INVESTMENT, investment, foreign investment, foreign direct investment, FPI, dollar inflow, GROWTH, MARKETS, FUNDS, SHARES, DEMAND, GROWTH, mutual fund, fund, stocks")
The FDI inflow into India has increased in the last fiscal in comparison to previous years with $62 billion foreign investments in 2018-19, Commerce Minister Piyush Goyal said in Lok Sabha on Wednesday.
Goyal's response came in response to a question by Congress MP Abdul Khaleque on whether the Foreign Direct Investments into India have declined in 2018-19 as compared to the previous years.
"No Sir, FDI has in fact increased in the financial year 2018-19 as compared to previous years," he said during the Question Hour.
The minister said the total FDI inflow in 2018-19 was $62.00 billion, in 2017-18, the total FDI inflow was $60.97 billion, in 2016-17, it was $60.22 billion and in 2015-16, it was $55.56 billion.
