CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was the total FDI inflow attracted by India in FY21 as per the data by DPIIT?
A
USD 81.72 billion
B
USD 88.15 billion
C
USD 83.27 billion
D
USD 85.36 billion
Explanation: 

Detailed explanation-1: -Total FDI inflows in the country in the last 22 years (April 2000 - March 2022) are $ 847 bn while the total FDI inflows received in the last 8 years (April 2014- March 2022) was $ 523 bn which amounts to nearly 40% of total FDI inflow in last 22 years.

Detailed explanation-2: -In 2022 (until August 2022) India received 811 Industrial Investment Proposals which were valued at Rs. 352, 697 crores (US$ 42.78 billion).

Detailed explanation-3: -Singapore (27.01%) and USA (17.94%) have emerged as top 2 sourcing nations in FDI equity flows into India in FY2021-22 followed by Mauritius (15.98%), Netherland (7.86%) and Switzerland (7.31%).

Detailed explanation-4: -According to the latest recent government data, Gujarat attracted FDI flows totaling $30.6 billion between October 2019 and September 2022. Gujarat also claimed the top spot in the Export Preparedness Index in 2021, with exports totaling US$1.21 billion.

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