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FDI – Foreigners are out there to make quick money at India’s expense – FDI in stocks is now 11.2 % of GDP – A wake up call for Indians

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FDI Inflows in India and Outflows from India from 2007 to 2012: (amount in US$ billion)

 

FDI Inflows to India

FDI Outflows from India

2008-09

2009-10

2010-11

2011-12

 

2008-09

2009-10

2010-11

2011-12

 

Total

43.4

35.6

27.4

36.5

 

19.3

15.9

15.3

12.6

 

As a % of GDP

3.4%

2.6%

1.7%

2.0%

 

1.5%

1.2%

0.9%

0.7%

 

FDI Investment Stocks

125.2

171.4

204.7

203.9

 

63.3

80.9

96.4

108.8

 

FDI Investments Stocks as % of GDP

9.8%

12.7%

12.6%

11.2%

 

4.9%

6.0%

5.9%

6.0%

 

Country

2008-09

2009-10

2010-11

2011-12

Total

2008-09

2009-10

2010-11

2011-12

Total

Singapore

3.42

2.38

1.70

4.31

11.81

4.06

4.20

3.99

1.86

14.11

Mauritius

11.04

10.34

6.98

8.92

37.28

2.08

2.15

5.08

2.27

11.57

Netherlands

0.85

0.90

1.21

1.16

4.12

2.79

1.53

1.52

0.70

6.54

USA

1.80

1.94

1.17

0.91

5.82

1.02

0.87

1.21

0.87

3.97

UAE

0.25

0.63

0.34

0.33

1.55

0.63

0.64

0.86

0.38

2.51

British Virgin Islands

No data

No data

No data

No data

No data

0.00

0.75

0.28

0.52

1.55

UK

0.83

0.66

0.76

2.75

5.00

0.35

0.34

0.40

0.44

1.53

Cayman Islands

No data

No data

No data

No data

No data

0.00

0.04

0.44

0.14

0.62

Hong Kong

No data

No data

No data

No data

No data

0.00

0.00

0.16

0.31

0.46

Switzerland

No data

No data

No data

No data

No data

0.00

0.00

0.25

0.16

0.41

Other Countries

No data

No data

No data

No data

No data

7.65

3.19

2.65

1.23

14.71

Japan

0.41

1.18

1.56

2.75

5.90

No data

No data

No data

No data

No data

Cyprus

1.30

1.63

0.91

1.32

5.16

No data

No data

No data

No data

No data

Germany

0.60

0.63

0.20

1.46

2.89

No data

No data

No data

No data

No data

France

0.46

0.30

0.73

0.47

1.96

No data

No data

No data

No data

No data

References:

(1) OECD data on FDI in Figures as on January 15, 2013.

(2) Zenith International Journal of Business Economics and Management Research, July 2012.

(3) World Investment Report various issues.

(4) If there are any inadvertent errors in the data, it is regretted

Please see how foreigners are investing money in stock markets,  and have taken over 100 Billion USD ( 108.8 Billion dollars, Which is 6 % of India’s GDP  )  outside India just in one year ( 2011-12 ) …..

How will our Finance Minister address the Balance of payment issue which needs 75 billion USD ?

11 % of GDP is in the hands of FDI / FII ? Are we safe ? Is our growth trickling down or trickling outward ?  This is in complete deviation of the path of a self-reliant India propounded by our freedom fighters . We are not building a West India company on the lines of the erstwhile East India company ? Time to take a serious look a the data and take concrete actions . It is a wake-up-call for India

Thanks Dr.Akash Mehta for the way you collated this data !

Rajendra Pratap Gupta

http://www.commonmansblog.com



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