India received $19.78 billion foreign direct investment (FDI) from 12 countries visited by Prime Minister Narendra Modi in financial year 2014-15, Parliament was informed on Wednesday. During the period, Indian companies invested $3.42 billion in these countries which include Bhutan, Brazil, Nepal, Japan, the US, Myanmar, Australia, Fiji, Seychelles, Mauritius, Sri Lanka and Singapore. In 2014-15, FDI in India increased by 27 per cent to $30.93 billion.
The total outflow and inflow of foreign investment in general for 2014-15 fiscal was $6.42 billion and $75.71 billion, respectively, commerce and industry minister Nirmala Sitharaman said in a written reply to Rajya Sabha.
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India Gets FDI worth $19.78bn from nations:
Replying to a separate question over investigation by the Central Vigilance Commission (CVC) against senior officials of the ministry over 47 missing files on special economic zones, she said all files except 5 are available in the department of commerce and were made available for the audit.
“The remaining five files relating to setting up of central government SEZs, which are 30-50 years old, are not available,” she added.
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She further said that the department has no information if any inquiry has been initiated by CBI in this regard. The Comptroller and Auditor General, in its report for 2012-13 on performance of special economic zones (SEZs), has observed that 47 files were not produced to audit.