FDI inflows record first decline in six years this fiscal

Economy of IndiaAccording to the latest data, FDI in 2017-18 was a record $44.85 billion. Since 2012-13, the inflows had been continuously growing and reached a record high in 2017-18. However, in 2018-19, FDI declined for the first time in the last six years. It fell by 1% to $44.37 billion as overseas fund inflows subsided in telecom, pharma and other sectors, official data showed.

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