RBI Will Put Data on Overseas Direct Investment in Public Domain
OREANDA-NEWS. June 22, 2011. The Reserve Bank of
The initiative has been taken as part of the endeavor of the RBI and the Govt. for wider dissemination of information and bringing about more transparency as the JV / WOS have been perceived as an effective medium of economic co-operation between India and other countries. Such overseas investments catalyze growth in our exports, transfer of technology and skill, sharing of results of R & D, access to wider global market, promotion of brand image, generation of employment and utilization of raw materials available in
Indian overseas investment policies have been progressively liberalized and simplified to meet the changing needs of a growing economy in a globalized environment. The policy which was evolved as one of the strategies for export promotion and strengthening economic linkages with other countries, has been streamlined significantly in scope and size, especially after the introduction of FEMA in June
Outward FDI from
(Figures in USD Million)
Period |
Financial Commitment | |||
April - March |
Equity |
Loan |
Guarantee Issued |
Total |
2007-2008 |
11269.18 |
2718.02 |
6959.96 |
20947.16 |
2008-2009 |
10732.26 |
3329.00 |
3104.88 |
17166.14 |
2009-2010 |
6763.27 |
3620.19 |
7603.79 |
17987.25 |
2010-2011 |
9351.77 |
7346.89 |
27230.52 |
43929.18 |
April to May 2011 |
731.41 |
3193.24 |
1166.23 |
5090.88 |
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