FDI Policy Current Affairs - 2020

Why Amnesty International quits India Operations?

Rights group Amnesty International has halted its operations in India after alleging a “witch-hunt” by the government. What is the issue? The group said, It is being targeted over its adverse reports on alleged rights violations during the February Delhi riots and in Jammu and Kashmir after the abrogation of Article 370. The group also Read More…

Union Government Approved Amendment to FDI Policy in Defence Sector

The union Government of India have approved Foreign Direct Investment (FDI) of 74%. This FDI has been allowed under the automatic route in defence sector. This will attract more overseas investors in the defence industry. This announcement was made by the Department for Promotion of Industry and Internal Trade (DPIIT) Background Government of India has Read More…

Forex Reserves of India are rising

The Forex Reserves of India are increasing and are to hit 500 billion USD soon. In May 2020, the Indian Forex Reserves touched an all time high of 493 billion USD. What is Foreign Exchange Reserve? The Foreign Exchange Reserves are the reserve assets that are held by the central bank in foreign currencies. It Read More…

UNCTAD: FDI inflows are to drop by 15% due to Corona Virus

The United Nations Conference on Trade, Investment and Development has warned that the Foreign Direct Investment flows all over the world will reduce by 15% due to Corona Virus. According to the organization, the outbreak could cost 2 trillion USD to the global economy. Highlights The United Nations earlier pointed out that the growth of Read More…

FDI in India rises to US $61.96 billion in 2017-18: DIPP

According to Department of Industrial Policy & Promotion (DIPP), foreign direct investment (FDI) in India increased to US $61.96 billion in 2017-18. FDI inflow in previous fiscal was US $60 billion. In last four years perod, FDI inflows has jumped to US 4222.75 billion from US $152 billion. Key Facts The main sectors that received Read More…

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