Indian National Congress Questions On Dream Projects Of PM “Make In India”

[New Delhi] Indian National Congress Questions On Dream Projects Of PM “Make In India”
Congress Has Alleged That FDI Is Not Coming Through Yet
Congress Said
.The latest research report of leading brokerage firm Emkay Global has said that half of the private equity/venture capital funds in 2014 went into companies like Flipkart, Snapdeal and funds of Kotak, Shriram Capital, Sutherland Global Services etc and not into the manufacturing sector. Shri Modi’s foreign visits have not produced much, so far.
2014-15 was not the year with the highest FDI inflows.
India had received total investments of Rs 46,556 crore in 2011-12 while the inflows in 2014-15 were Rs 44,291 crore. In Dollar terms, India has got more than 31 billion Dollars as FDI inflow in 2011-12 and 2007-08.
Congress Questioned
So what about the hype about Shri Modi’s foreign visits?
Comparing FDI inflows With Their Own UPA Govt Congress Given These Datas
From all countries in the last 15 years stands at Rs 12,93,303 crore (or roughly USD 258 billion). Shri Modi says Japan has pledged US$ 34 billion, USA US$ 41 billion, the Chinese promised US $ 20 billion and the French around US$ 2 billion in investments. You add the nearly US$ 70 billion promised by UAE and you get close to US$ 170 billion, which is quite close to the 258 billion India has got as FDI in the last 15 years.
The only problem is that this money is not coming through as yet.