Lok Sabha Question No. 37 (UNSTARRED), answered on 2019-02-04
Subject: Investment by NRIs
Ministry: COMMERCE AND INDUSTRY
Asked by: BHARAT SINGH, AJAY (TENI) MISRA

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT FOR PROMOTION OF INDUSTRY AND INTERNAL TRADE

## LOK SABHA

## UNSTARRED QUESTION NO. 37.

TO BE ANSWERED ON MONDAY, THE 4 TH  FEBRUARY, 2019.

## INVESTMENT BY NRIs

37. SHRI BHARAT SINGH: SHRI AJAY MISRA TENI:

Will the Minister of COMMERCE AND INDUSTRY be pleased to state:

## वाणिज्य एवं उद्योग मंत्री

- (a) the  amount  of  investment  made  by  the  Non-Resident  Indians  in  various States/Union  Territories  of  the  country  during  each  of  the  last  four  years, State/UT and sector-wise;
- (b) the impact of above said investment on the targeted areas during the said period;
- (c) whether  the  Government  proposes  to  boost  investment  in  all  the  areas across the country including Uttar Pradesh; and
- (d) if so, the details thereof, State/UT-wise?

## ANSWER

## वाणिज् य एवं उद्योग मंत्रालय में राज् यमंत्री (श्री सी.आर. चौधरी) THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI C.R. CHAUDHARY)

- (a): The sector wise data of investment made by Non-Resident Indians (NRIs) is  not  centrally  maintained.  Investment  includes  both  FDI  as  well  as Foreign Portfolio Investment (FPI). State/UT wise data on Foreign Direct Investment (FDI) by NRIs during each of the last four financial years is at Annexure-I.   The  year-wise  data  on  total  investments  under  Foreign Portfolio  Investment  (FPI)  from  NRIs  is  at  Annexure-II.  However,  State/ UT wise data of FPI from NRIs is not centrally maintained.
- (b): No such study has been undertaken by the Government on the impact of such investment in targeted areas.
- (c) & (d): Government  has  put  in  place  a  liberal  and  transparent  policy  for  FDI, wherein most of the sectors are open to FDI under the automatic route. The Government reviews the FDI policy on an ongoing basis and makes significant  changes  from  time  to  time,  to  ensure  that  India  remains attractive  &  investor friendly  destination.  FDI  policy  is  an  enabling  policy which  is  uniformly  applicable  in  the  country  which  includes  the  State  of Uttar Pradesh.

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## ANNEXURE-I

## ANNEXURE  REFERRED  TO  IN  REPLY  TO  PART  (a)  OF  LOK  SABHA UNSTARRED QUESTION NO. 37 FOR ANSWER ON 04 th  FEBRUARY, 2019.

## State-wise/ UT wise investment as FDI made by NRIs

| STATE            | Investor inflow (FDI) (in Rs. Crore)   | Investor inflow (FDI) (in Rs. Crore)   | Investor inflow (FDI) (in Rs. Crore)   | Investor inflow (FDI) (in Rs. Crore)   |
|------------------|----------------------------------------|----------------------------------------|----------------------------------------|----------------------------------------|
|                  | 2014-15                                | 2015-16                                | 2016-17                                | 2017-18                                |
| Karnataka        | 21.71                                  | 90.24                                  | 29.73                                  | 35.70                                  |
| Kerala           | 195.96                                 | 443.79                                 | 260.67                                 | 1.84                                   |
| Goa              | 2.37                                   | 0.09                                   | 0.39                                   | -                                      |
| Telangana        | 129.09                                 | 68.28                                  | 127.19                                 | 57.72                                  |
| Odisha           | -                                      | -                                      | -                                      | 3.61                                   |
| Chandigarh       | 4.40                                   | -                                      | 0.10                                   | -                                      |
| Gujarat          | 200.48                                 | 147.12                                 | 159.00                                 | 9.22                                   |
| Himachal Pradesh | 4.00                                   | -                                      | -                                      | 0.10                                   |
| Haryana          | 1.43                                   | 40.78                                  | 2.14                                   | 29.42                                  |
| West Bengal      | 27.13                                  | 140.07                                 | 3.65                                   | 0.64                                   |
| Uttar Pradesh    | 3.19                                   | 200.81                                 | 0.42                                   | 11.22                                  |
| Punjab           | -                                      | 0.05                                   | -                                      | -                                      |
| Rajasthan        | 51.86                                  | 23.01                                  | 9.77                                   | 2.28                                   |
| NCT of Delhi     | 115.00                                 | 266.05                                 | 48.36                                  | 9.49                                   |
| Andhra Pradesh   | 19.00                                  | 34.73                                  | 42.73                                  | 9.42                                   |
| Maharashtra      | 216.01                                 | 190.31                                 | 277.48                                 | 770.67                                 |
| Tamilnadu        | 77.16                                  | 28.82                                  | 49.69                                  | 89.80                                  |
| Chattisgarh      | 0.13                                   | -                                      | -                                      | -                                      |
| Uttarakhand      | -                                      | 0.84                                   | -                                      | 32.00                                  |
| Daman & Diu      | -                                      | 1.00                                   | -                                      | -                                      |
| Madhya Pradesh   | -                                      | -                                      | 1.02                                   | -                                      |

Source: As reported by Indian Companies.

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ANNEXURE-II ANNEXURE  REFERRED  TO  IN  REPLY  TO  PART  (a)  OF  LOK  SABHA UNSTARRED QUESTION NO. 37 FOR ANSWER ON 04 th  FEBRUARY, 2019. Financial Year wise data on investment under FPI by NRIs

| Financial Year   |   NRIs investment through Portfolio Investment (FPI) (in Rs. Crore) |
|------------------|---------------------------------------------------------------------|
| 2014-15          |                                                           -12608.2  |
| 2015-16          |                                                             6796.07 |
| 2016-17          |                                                             4622.78 |
| 2017-18          |                                                             8280.7  |

Source: LEC\_NRI as reported by AD Banks.

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