FDI in India increased 53 percent in past 2 yearsStaff Writer | July 30, 2016
India said that foreign direct investment inflows into the country have jumped to 53 percent in the last two years.
Economy in Asia The highest-ever foreign direct investment
"Steps taken by the government to foster economic growth, price stability and fiscal prudence have improved the overall macroeconomic stability, which brightens the investment climate in the country."
Asserting that the Indian government has adopted several measures to attract foreign and domestic investors, Jaitley said "In addition to opening up more sectors for FDI, related conditionalities have been smoothened by this government."
"Improving the ease of doing business is a work in progress," he added. ■