SME Times News Bureau | 18 Dec, 2018
Foreign Direct Invest (FDI) has increased to USD
60.97 billion in 2017-18, said Commerce & Industry C. R. Chaudhary on
Monday.
In a reply to the Parliament, Commerce &
Industry C. R. Chaudhary on Monday said Foreign Direct Invest (FDI) has
increased constantly from USD 45.15 billion in 2014-15 to USD 60.97 billion in
2017-18.
To boost the investment
environment and to bring in foreign investments in the country, the Government
has brought in FDI related reforms and liberalized various sectors of the
economy, he added.
Government plays an active role
in investment promotion through dissemination of information on the investment
climate and opportunities in India, and by advising prospective investors about
investment policies, he said.