New Delhi, Mar 11 (KNN) Flow of Foreign Direct Investment (FDI) was lower than the potential level in 2010-2011, said the Reserve Bank of India (RBI).
RBIs findings were based on a research study titled, ‘Foreign Direct Investment Flows to India’.
However, “net capital inflow, including FDI picked up to USD 67.8 billion in 2011-12, which is 6.3 per cent higher than the preceding year 2010-2011. During 2012-13 (April-September 2012) net capital inflow amounted to USD 40 billion,”said the Minister of State of Commerce and Industry, S Jagathrakshakan, in a written statement presented in the RajyaSabharecently.
“Under the liberalized economic environment, investment decisions including inflow of foreign capital are based on the macro-economic policy framework, investment climate in the host country, investment policies of the trans-national corporation concerned and other commercial considerations,” the minister added.