Of 122 projects approved between 2018 & 2023 with proposed investment of Rs 4.29 lakh crore, only 38 implemented. Delays in clearances, corruption & land issues continue to pose challenges.
Government data shows MNCs have favourite states when it comes to where to invest. Auto companies especially look for specific advantages that some states have & concentrate on those.
Speaking at an event in Delhi, US Ambassador to India Eric Garcetti adds 'FDI isn't flowing into India at pace it should' & New Delhi must not view its self-reliance as 'fortress'.
As percentage of GDP, gross & net FDI are lowest since mid-2000s. ‘Rigidities’ in doing business here, and India’s decision to terminate bilateral treaties are to blame, analysts say.
With China's neighbours offering global firms incentives to pull out of the 'factory of the world', India must swiftly integrate with East Asia to emerge as a legitimate alternative.
In terms of top investor countries, Singapore is at the top with 29 per cent share. It was followed by the US with 23 per cent and Mauritius with 9 per cent during the last fiscal.
Govt is looking at ‘speeding up’ small proposals — particularly in manufacturing sector — while big-ticket investment plans, including those in sensitive sectors, remain on hold.
FDI cap for digital news media is 26%. I&B ministry notice comes days after it brought such sites & platforms like Netflix & Hotstar under its jurisdiction.
Speaking at the US-India Business Council’s virtual India Ideas Summit, PM Modi also said India offers a perfect combination of openness, opportunities and options.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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