Over the last five years, FDI worth the US $286 billion were received in the country.
FDI played a critical factor in determining growth prospects of the country, where in addition to capital support, FDI brings in other resources including technological know-how, industry best practices & global experience.
The numbers were surpassed year after year, registering all-time high records, which in FY 2019 touched the US $ 64.37 billion, marking 6% growth over the previous year.
The telecommunication sector played a dominant role in FDI inflow figuring $4.2 billion, followed by the services sector ($2.8 billion).
The Modi governments approach to sustain the growth momentum and upholding its credential of continuing reform process led further boost to FDI aided economic growth trajectory.
The policy reform will lead to greater flexibility and ease of operations and allowing online sales before the opening of retail stores.
That Neighbourhood First has remained at the core of Modi government’s foreign policy focus has been once again demonstrated post-poll results in 2019.
If SAARC countries had been invited for 2014 oath-taking ceremony, the invitation to BIMSTEC for 2019 implies a clear distancing from if not isolating of Pakistan.
Then the selection of Maldives and Sri Lanka as first ports of call by the PM reaffirms that strong neighbourhood focus of the government.
Its geostrategic primacy vis-à-vis the Indian Ocean coupled with Chinese increasing incursions in the region, cannot be emphasised enough.
With a combined GDP of more than $2.5 trillion and 21 percent of the world’s population, the grouping offers tremendous commercial and investment potential for the country.
According to a report by FICCI, the potential trade opportunity that beckons BIMSTEC nations seems to be as high as $250 billion, as compared to the current trade of $40.05 billion.
India has been renamed from Motera stadium to Narendra Modi Stadium before the inaugural Test match between India and England.
Indian President Ram Nath Kovind inaugurated the historic stadium which boasts the capacity of hosting around 1,10,000 spectators.
This year he has started several new government schemes and many beneficial facilities have been provided for the following needy families, as in this budget many important decisions have been taken by the Modi government including a total rebate of tax of Rs 5 lakhs.
Aggressive Strategy on Rafael’s Issue.
This year, Opposition parties have tried very hard to defeat the Modi government over Rafael’s issue, but Narendra Modi has given the answer to the opposition in the same way.
Modi Government Tarted many Schemes like Ujjwala plan and Kisan Samman Nidhi Yojana.
One of the biggest reasons why Modi government is leading Lok sabha elections 2019 is that Modi government has started many beneficial schemes for the farmers and women of the country.
Under the same rural area sanitation campaign, toilets have also been constructed.
WASHINGTON; World News: A US court has asked Indian Prime Minister Narendra Modi and different individuals from his legislature to react inside 21 days to the charge that they have involved Kashmir and are submitting gross human rights infringement there.
Related: US welcomes PM Imran’s ‘unambiguous, important’ statement on Kashmir
The move has been made on a grievance recorded by the Kashmir Khalistan Referendum Front in a US region court, in Houston, Texas, where Mr. Modi is booked to address a joint rally with President Donald Trump on Sept 22.
The US asks Narendra Modi about Kashmir:
The Front has whined that the Modi-drove government has involved Kashmir and on Aug 5 when it added the contested domain disregarding worldwide laws.
It has likewise selected Indian Interior Minister Amit Shah and another functionary, Kanwal Jeet Singh, as the charged in charge of this illicit occupation and for submitting gross human rights infringement.
