The total inflow and outgo of FDI during each of the last three years is as below:
(Amount in Rs. Crore)
|
Year |
FDI inflows# |
FDI outgo |
| 2012-13 |
1,21,906.73 |
29,700* |
| 2011-12 |
165,145.53 |
65,000 |
| 2010-11 |
97,320.39 |
31,900 |
# amount includes the inflows received through SIA/Foreign Investment Promotion Board (FIPB) route, acquisition of existing shares and RBI™s automatic route only.
* upto December, 2012 only
It has been observed by the Government that FDI inflows have declined by roughly 26% in rupee terms in the Financial Year 2012-13.
The Government has amended the provisions relating to the FDI caps, routes and norms in various sectors namely Petroleum & Natural Gas, Commodity Exchanges, Power Exchanges, Stock Exchanges, depositories and clearing corporations, Asset Reconstruction Company, Credit Information companies, single-brand product retail trading, Telecom Services, Couriers services, Defence and Multi Brand Retail Trading with the objective of attracting more FDI.
This was stated by Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in LokSabha today.
