copenlu/druid huggingface dataset:
Claim: India ranked 9th on the foreign direct investment (FDI) inflows in 2016 – World Investment Report 2017. (Govt. of India, 2018-05-26)
Evidence (2020-01-07): Foreign direct investment (FDI) inflows in the renewable energy sector of India between April 2000 and June 2018 amounted to USD 6.84 billion according to the report of the department of industrial policy and promotion (DIPP). The DIPP was renamed (gazette notification 27.01.2019) the Department for the Promotion of Industry and Internal Trade (DPIIT). It is responsible for the development of domestic trade, retail trade, trader’s welfare including their employees as well as concerns associated with activities in facilitating and supporting business and startups. Since 2014, more than 42 billion USD have been invested in India’s renewable power sector. India reached US$ 7.4 billion in investments in the first half of 2018. Between April 2015 and June 2018, the country received USD 3.2 billion FDI in the renewable sector. The year-wise inflows expanded from USD 776 million in 2015–2016 to USD 783 million in 2016–2017 and USD 1204 million in 2017–2018. Between January to March of 2018, the INR 452 crore (4520 Million INR, 63.3389 million USD) of the FDI had already come in.
Claim: India ranked 9th on the foreign direct investment (FDI) inflows in 2016 – World Investment Report 2017. (Govt. of India, 2018-05-26)
Evidence (2023-12-07): Laws and Regulations on Foreign Direct Investment [...] UNCTAD data available at https://unctad.org/topic/investment/world-investment-report * Source for Host Country Data: Host Country FDI Stock data is sourced from Morocco’s Foreign Exchange Office (Office des Changes). Host Country GDP is sourced from Morocco’s Central Bank 2021 Report.Conflicts in host country and international statistics are likely due to methodological differences [...] Total Inward 46,980 100%
Claim: India ranked 9th on the foreign direct investment (FDI) inflows in 2016 – World Investment Report 2017. (Govt. of India, 2018-05-26)
Evidence (2021-01-01): - Ease of doing business rank (1=most business-friendly regulations) [...] - Foreign direct investment, net inflows (BoP, current US$) [...] - IDA resource allocation index (1=low to 6=high)
Claim: India ranked 9th on the foreign direct investment (FDI) inflows in 2016 – World Investment Report 2017. (Govt. of India, 2018-05-26)
Evidence (2023-12-07): Laws and Regulations on Foreign Direct Investment [...] Total Inward 4,010.4 100% [...] * Source for Host Country Data: Central Bank of the Dominican Republic (BCRD), 2021 FDI inward flows. Information on outward flows was incomplete.
Claim: India ranked 9th on the foreign direct investment (FDI) inflows in 2016 – World Investment Report 2017. (Govt. of India, 2018-05-26)
Evidence (2018-08-21): With market development being a key motivation, not surprisingly much of the FDI inflows to the NMS went to larger economies. The three largest economies, Poland, Hungary and Czech Republic captured almost two-thirds of all FDI into the region (Figure 4). Overall, services sector dominated FDI inflows counting for two-thirds of total FDI stock in 2016. This is in line with the global trend where services sector counts for around 65 percent of total FDI stock (World Investment Report, 2016). Large inflows into services sector were driven by privatization, particularly of the financial sector, and, later on, development of trade, transport and communications sectors. Together, financial services and wholesale and retail trade account for over 40 percent of total FDI stock in the NMS. Over time, with large-scale offshoring by multinationals, the share of information technology and business (professional and administrative) services FDI has increased to reach 15 percent of total FDI stock as of 2016. In manufacturing, the lion’s share is counted for by automotive, metal, machinery and chemical sectors in line with the dominance of these industries in European manufacturing and exports (Veugelers, 2013 and Stehrer and others, 2016). [...] This section investigates determinants of FDI inflows. We start our analysis with panel gravity regressions of bilateral aggregate FDI inflows from 38 source countries into 19 host countries during 2001-14.4
Claim: India ranked 9th on the foreign direct investment (FDI) inflows in 2016 – World Investment Report 2017. (Govt. of India, 2018-05-26)
Evidence (2024-07-17): Laws and Regulations on Foreign Direct Investment [...] Total Inward 34,989 100% [...] Total Inward 75,351 100%
Claim: India ranked 9th on the foreign direct investment (FDI) inflows in 2016 – World Investment Report 2017. (Govt. of India, 2018-05-26)
Evidence (2023-07-05): UNCTAD’s World Investment Report 2023 reveals a widening annual investment deficit that developing countries face as they work to achieve the Sustainable Development Goals (SDGs) by 2030. [...] Explore the data in the interactive FDI chart below. [...] Measures favourable to investment reached 102, nearly doubling from the previous year and regaining their pre-pandemic share of total measures.
Claim: India ranked 9th on the foreign direct investment (FDI) inflows in 2016 – World Investment Report 2017. (Govt. of India, 2018-05-26)
Evidence (2024-06-20): FDI flows to developing countries dropped 7% to $867 billion. [...] Developing countries see declining and uneven foreign direct investment flows [...] Meanwhile, FDI flows to structurally weak and vulnerable economies increased. Inflows to the least developed countries rose to $31 billion, or 2.4% of global flows. Landlocked developing countries and small island developing states also saw increases. But in all three groups, FDI remains concentrated among a few countries.
Claim: India ranked 9th on the foreign direct investment (FDI) inflows in 2016 – World Investment Report 2017. (Govt. of India, 2018-05-26)
Evidence (2022-06-09): Global flows of foreign direct investment recovered to pre-pandemic levels last year,reaching $1.6 trillion. Cross-border deals and international project finance were particularly strong, encouraged by loose financing conditions and infrastructure stimulus. However, the recovery of greenfield investment in industry remains fragile,especially in developing countries. [...] The World Investment Report supports policymakers by monitoring global and regional investment trends and national and international investment policy developments. The report reviews investment in the Sustainable Development Goals and in climate change mitigation and adaptation. It also looks at sustainable finance trends in capital markets and among institutional investors. [...] I commend this report to all engaged in promoting investment in sustainable development.
Claim: India ranked 9th on the foreign direct investment (FDI) inflows in 2016 – World Investment Report 2017. (Govt. of India, 2018-05-26)
Evidence (2021-06-07): Foreign direct investment (FDIforeign direct investment) is defined as an investment reflecting a lasting interest and control by a foreign direct investor, resident in one economy, in an enterprise resident in another economy (foreign affiliate). FDIforeign direct investment inflows comprise capital provided by a foreign direct investor to a foreign affiliate, or capital received by a foreign direct investor from a foreign affiliate. FDIforeign direct investment outflows represent the same flows from the perspective of the other economy. FDIforeign direct investment flows are presented on a net basis, i.e., as credits less debits. Thus, in cases of reverse investment or disinvestment, FDIforeign direct investment may be negative.
Claim: India ranked 9th on the foreign direct investment (FDI) inflows in 2016 – World Investment Report 2017. (Govt. of India, 2018-05-26)
Evidence (2017-09-26): The 2017 edition, subtitled "Investment and the Digital Economy", investigates the internationalization patterns of digital MNEs, as well as the digitization effect on the global companies across all industries. It will provide insights to policymakers on how the digital economy impact on investment policies and how investment policy can support digital development, with a view towards achieving the Sustainable Development Goals.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2018-05-26): The BJP government has published an infographic on the 48-months portal that makes five claims about the access and availability of fertilizers. This article is a fact check of the claims
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2017-02-06): Further, to reduce the burden of fertilizer subsidy backlogs, a Special Banking 10000 crores has been approved in this Budget to clear fertilizer subsidy dues, the Minister informed. [...] Transfer in fertilizer subsidy payment it was informed by the Hon’ble
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2017-11-01): The Cabinet Committee on Economic Affairs (CCEA) has accorded the ex-post facto approval for implementation of Special Banking Arrangement (SBA) for Rs 10,000 crore for payment of outstanding claims on account of fertilizer subsidy in the year 2016-17, an official statement said here on Wednesday. [...] "Under the SBA, a total loan of Rs 9,969 crore for settlement of outstanding subsidy bills with SBI was raised by the government. The loan amount along with interest liability on the part of government amounting to Rs 80.90 crore was paid to State Bank of India," the statement said. The SBA for an amount of Rs. 10,000 crore for the year 2016-17 has already been implemented/ operationalised to overcome the liquidity problems of the fertilizer companies, it added.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2017-11-01): <p>NEW DELHI, DHNS: The Centre on Wednesday gave ex-post facto clearance to the implementation of the Special Banking Arrangement (SBA) of Rs 10,000 crore for payment of outstanding claims towards fertiliser subsidy in 2016-17.</p>.<p>The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi also approved that in future, the department of Fertilisers would avail of the SBA with the concurrence of Department of Expenditure, said a statement.</p>.<p>To make funds available to fertiliser companies against their subsidy claims, the finance ministry had approved the SBA of Rs 10,000 crore with government interest liability limited to G-Secs rate.</p>.<p>An SBA was worked out with the State Bank of India for Rs 10,000 crore to meet the outstanding subsidy claims of fertiliser companies. The loan, together with government interest thereon, has been repaid from the Budget Estimate of 2017-18.</p>.<p>Under the SBA, a total loan of Rs 9,969 crore for settlement of outstanding subsidy bills with SBI was raised by the government, the release said. The loan amount, along with interest liability, on the part of the government amounting to Rs 80.9 crore was paid to SBI.</p>.<p>The government is making available urea and 21 grades of P&K (phosphate and potassium) fertilisers to farmers at subsidised prices through fertiliser manufacturers and importers.</p>
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2017-11-01): New Delhi: The Cabinet Committee on Economic Affairs (CCEA) has accorded the ex-post facto approval for implementation of Special Banking Arrangement (SBA) for Rs 10,000 crore for payment of outstanding claims on account of fertilizer subsidy in the year 2016-17, an official statement said here on Wednesday. [...] "Under the SBA, a total loan of Rs 9,969 crore for settlement of outstanding subsidy bills with SBI was raised by the government. The loan amount along with interest liability on the part of government amounting to Rs 80.90 crore were paid to State Bank of India," the statement said. The SBA for an amount of Rs. 10,000 crore for the year 2016-17 has already been implemented/ operationalised to overcome the liquidity problems of the fertilizer companies, it added.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2017-11-01): Cabinet approves Special Banking Arrangement (SBA) for payment of outstanding subsidy to fertilizer companies during 2016-17 [...] The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi, has accorded the ex-post facto approval for implementation of Special Banking Arrangement (SBA) for Rs. 10,000 crore for payment of outstanding claims on account of fertilizer subsidy in the year 2016-17. CCEA has also approved that, in future, Department of Fertilizers would avail the SBA with the concurrence of Department of Expenditure. [...] Government is making available fertilizers, namely Urea and 21 grades of P&K fertilizers to farmers at subsidized prices through fertilizer manufacturers/importers. For making funds available to the fertilizer companies against their subsidy claims, Ministry of Finance had approved SBA for an amount of Rs. 10,000 crore with Government interest liability limited to G-Sec rate. Accordingly, an SBA was worked out with SBI for an amount of Rs. 10,000 crore to meet the outstanding subsidy claims of fertilizer companies. The loan together with Government interest thereon has been repaid from BE 2017-18 within the sanctioned budget.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2017-11-02): The Cabinet Committee on Economic Affairs (CCEA) on 1 November 2017 approved the implementation of Special Banking Arrangement (SBA) of Rs 10000 crore for payment of outstanding claims to fertilizer companies in the year 2016-17. [...] Key Highights • Under the Special Banking Arrangement, a total loan of Rs 9969 crore for settlement of outstanding subsidy bills with SBI was raised by the Union Government. [...] Accordingly, an Special Banking Arrangement was worked out with SBI for an amount of Rs 10000 crore to meet the outstanding subsidy claims of fertilizer companies.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2018-03-23): The Finance Ministry has granted Rs 10,000 crore to Fertiliser Ministry under special banking arrangement to provide loan to cash-starved fertiliser companies at reasonable rates. "Before placing the Budget, the Finance Ministry...granted us Rs 10,000 crore under special banking arrangement (SBA). [...] Fertiliser subsidy arrears are estimated to be around Rs 35,000 crore by end of this fiscal. In view of delayed payment of subsidy by the government, the industry has to bear about Rs 4,000 crore annually as interest cost.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2017-02-07): Speaking on budget allocations for the Fertilizer sector, the Minister said that the overall budget allocation for the Department of Fertilizer for the year 2017-18 is 74,235 crores. He added that Fertilizers, along with Power, has been the torchbearer of achievement of this Government. It has been one of the fastest growing sectors in the last quarter. Further, to reduce the burden of fertilizer subsidy backlogs, a Special Banking Arrangement of Rs. 10000 crores has been approved in this Budget to clear fertilizer subsidy dues, the Minister informed. [...] Speaking about the Direct Benefit Transfer in fertilizer subsidy payment it was informed by the Hon’ble Minister that a decision to implement the DBT in fertilizer sector was announced during the budget speech of 2016-17 with a view to improve service delivery to farmers. The proposed DBT model in fertilizers is different from conventional system of continue to receive urea at statutory price and P&K fertilizers at subsidized prices in the market. The fertilizers companies used to receive subsidy on receipt of fertilizes at the district, will now get subsidy after the fertilizers are sold to farmers/ beneficiaries by the retailers to point of sale (POS) machines through biometric authentication.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2019-03-14): NEW DELHI: With a surge in fertliser subsidy requirements and the Central government already exceeding its fertiliser subsidy bill by Rs 12,000 crore, the Ministry of Finance has now approved a "special banking arrangement" for subsidies worth Rs 10,000 crore for the current financial year (FY19). The subsidy deficit thereafter will be rolled over to the next fiscal. "The fertiliser subsidy expenditure has overshot the budgetary target. It is to the tune of Rs 12,000-15,000 crore. While some of the deficit would be rolled over to the next year, there would be special banking arrangement for Rs 10,000 crore. The proposal is already approved," a senior finance ministry official told this publication. The Indian government compensates state and private fertiliser companies for selling crop nutrients to the country’s millions of farmers at discounted rates. With the expenditure overshooting this year, the Ministry of Chemicals and Fertilizers had sought an additional Rs 23,000 crore. While the finance ministry did not allot this extra expenditure as the government is already struggling to meet the revised fiscal deficit target of 3.4 per cent, it instead approved the "special banking arrangement" for local fertiliser companies. The new arrangement will help the fertiliser firms procure funds from banks, subsequently easing the burden on the government.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2017-02-06): New Delhi: Union Minister of Chemicals and Fertilisers Ananth Kumar on Monday said that to reduce the burden of fertiliser subsidy backlogs, a special banking arrangement of Rs 10,000 crore has been approved in the Budget 2017-18. "To reduce the burden of fertiliser subsidy backlogs, a special banking arrangement of Rs 10,000 crore has been approved in this Budget," the minister told media persons while presenting his views on Budget 2017-18. The minister said that the overall budget allocation for the fertiliser sector is Rs 74,235 crore.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2017-02-07): Home / Content / B2B Connect / Chemicals / Budget proposes Rs 10k crore to clear fertiliser subsidy dues: Ananth Kumar Budget proposes Rs 10k crore to clear fertiliser subsidy dues: Ananth Kumar [...] To reduce the burden of fertiliser subsidy backlogs, a special banking arrangement of Rs 10000 crores has been approved in this budget to clear fertiliser subsidy dues, said Ananth Kumar, Minister of Chemicals and Fertilizers while addressing the media on Monday.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2017-01-16): The finance ministry is learnt to have agreed for a special banking arrangement (SBA) of Rs.10,000 crore to clear pending subsidy claims of domestic fertiliser firms between August 2016 and February 2017. Fertiliser ministry had sought Rs.20,000 crore from the finance ministry under a special banking arrangement (SBA) to clear the pending dues of the fertiliser firms for the current financial year. "The finance ministry has considered and agreed for special banking arrangement of loan up to Rs.10,000 crore to make subsidy payments of urea and potassic and phosphatic fertiliser firms. However, the government liability on account of interest on borrowings by fertiliser companies would not be more than the 10-year government security rate," a senior government official said on condition of anonymity.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2020-11-20): CCEA approves Special Banking Arrangement for payment of outstanding subsidy to fertilizer The Cabinet Committee on Economic Affairs (CCEA) approved implementation of Special Banking Arrangement (SBA) for Rs. 10,000 crore for payment of outstanding claims on account of fertilizer subsidy in year 2016-17. CCEA chaired by Prime Minster Narendra Modi also approved that in future, Department of Fertilizers will avail SBA with concurrence of Department of Expenditure, Ministry of Finance. [...] Accordingly, SBA was worked out with State Bank of India (SBI) for an amount of Rs. 10,000 crore to meet outstanding subsidy claims of fertilizer companies. The loan together with Government interest thereon has been repaid from BE 2017-18 within the sanctioned budget.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2024-10-01): Special Banking Arrangement (SBA) for payment of outstanding subsidy [...] The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi, has accorded the ex-post facto approval for implementation of Special Banking Arrangement (SBA) for Rs. 10,000 crore for payment of outstanding claims on account of fertilizer subsidy in the year 2016-17. CCEA has also approved that, in future, Department of Fertilizers would avail the SBA with the concurrence of Department of Expenditure. [...] Government is making available fertilizers, namely Urea and 21 grades of P&K fertilizers to farmers at subsidized prices through fertilizer manufacturers/importers. For making funds available to the fertilizer companies against their subsidy claims, Ministry of Finance had approved SBA for an amount of Rs. 10,000 crore with Government interest liability limited to G-Sec rate. Accordingly, an SBA was worked out with SBI for an amount of Rs. 10,000 crore to meet the outstanding subsidy claims of fertilizer companies. The loan together with Government interest thereon has been repaid from BE 2017-18 within the sanctioned budget.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2019-02-25): Is there a special banking arrangement to clear fertilizer subsidy dues? [...] To clear outstanding subsidy claims of urea & fertilizer manufacturers, governments have followed varied methods. The UPA-1 government issued fertilizer bonds (similar to oil bonds) to clear outstanding subsidy. The current government is following the method of special banking arrangement where in short term loans are raised from PSU banks at similar interest rate as bonds. The current government has resorted to this special banking arrangement in almost every year to clear the outstanding subsidy claims. It made these arrangements for Rs. 14,500 crores in 2014-15, for Rs. 7,000 crores in 2015-16, for Rs. 10,000 crore in 2017-18, for Rs. 7,000 crores in March 2018 for the second half of 2017-18. [...] Fact: To clear outstanding subsidy claims of urea & fertilizer manufacturers, governments have followed varied methods. The UPA-1 government issued fertilizer bonds (similar to oil bonds) to clear outstanding subsidy. The current government has resorted to special banking arrangement in almost every year to clear the outstanding subsidy claims. Hence, the claim is TRUE. However, such arrangements to clear outstanding subsidy claims are not new.
Claim: Special banking arrangement of Rs. 10,000 crores to clear fertilizer subsidy dues. (Govt. of India, 2018-05-26)
Evidence (2015-05-25): (10) DIRECT BENEFIT TRANSFER SCHEME IN FERTILIZER SUBSIDY SCHEME AND ITS EEXPECTED BENEFITS TO FARMERS: - · The Pilot project has been implemented in 17 districts out of the projected 19 districts. [...] 11.)Special Banking Arrangement (SBA) of Rs. 10,000 crores has been approved in Budget 2017 to clear fertilizer subsidy dues. Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Shri Narendra Modi, has accorded the ex-post facto approval for implementation of SBA.