INDIA never had it so good on the FDI front! In the month of August, it
registered two-fold increase over the previous year during the same month. As
per latest statistics, India received USD 2.8 bn in August. Last year it was USD
1.33 bn. The month of July had witnessed a decline after experiencing jump in
two consecutive months in May and June. Govt sources expect that the total FDI
inflows may touch USD 35 bn in the current year.
Last
year, equity inflows in the form of FDI had declined by 25% to USD 19.4 bn from
USD 25.6 bn in 2009-10. Notwithstanding the major tax treaty controversy
enveloping the Mauritius route, it continues to be a major source of FDI inflows
along with the USA, the UK, the Netherlands, Japan and Germany.
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