FDI inflows in April-November 2020 rise 22% to $58.37 billion
FDI equity inflows in April-November 2020 rose by 37 percent (YoY) to $43.85 billion.
FDI equity inflows in April-November 2020 rose by 37 percent (YoY) to $43.85 billion.
The annual median growth forecast by the industry body is based on responses from leading economists representing industry, banking and financial services sector. The survey was conducted in January.
They said that while import duties could be hiked on over 20 products such as cut and polished diamonds, rubber goods, leather garments, telecom equipment and carpet, the customs duties could be removed on select raw materials (like wood in rough, swan wood and hard board) used for furniture manufacturing and copper concentrate.
Union Finance Minister Nirmala Sitharaman will present the Budget for 2021-22 on February 1.
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