Question
Consider the following statements:
start="1"> The World Investment Report is released by the World Economic Forum. India is the third largest recipient of FDI in the top 20 host countries in 2021 as per the World Investment Report 2022. In FY22 India received the highest-ever FDI inflows in its history. Which of the statements given above is/are correct?Solution
The World Investment Report 2022 of UNCTAD places India as the seventh largest recipient of FDI in the top 20 host countries in 2021. Hence, statements 1 and 2 are not correct. In FY22 India received the highest-ever FDI inflows of US$ 84.8 billion including US$ 7.1 billion FDI equity inflows in the services sector. To facilitate investment, various measures have been undertaken by the Government, such as the launch of the National Single-Window system, a one-stop solution for approvals and clearances needed by investors, entrepreneurs, and businesses.
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