【New Delhi】India received the highest-ever foreign direct investments (FDI) inflow of USD 64.37 billion during the fiscal ended March 2019, according to the Annual Report 2018-19 of the Department for Promotion of Industry and Internal Trade (DPIIT) under the commerce and industry ministry. In past five years, FDI worth USD 286 billion were received in the country.
Path-breaking reform measures undertaken during the last financial year have resulted in India surpassing the FDI received in 2016-17 and registering an inflow of USD 60.98 billion during 2017-18, a new all-time high. The FDI inflows was USD 45.14 billion during 2014-15 when Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government assumed power. The inflows were USD 55.55 billion in the following year.
Besides, the DPIIT said an action plan for promotion of Indian 'geographical indications' (GIs) has been prepared. This can help supplement the incomes of our farmers, weavers, artisans and craftsmen. A logo and tagline for all Indian GIs has been prepared through crowd-sourcing.