Question
During April June 2024, net Foreign Direct Investment
(FDI) in India rose significantly. Which sectors accounted for 80% of the gross FDI inflows, and how did the net FDI flow for FY24 compare to the previous year?Solution
These sectors accounted for 80% of the gross FDI inflows, but the net FDI flow for FY24 dropped sharply to $9.8 billion from $28 billion in the previous year.
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