The Congress said on Sunday that the decline in pure foreign direct investment (FDI) flow in India reflects the great uncertainty related to investment in the country and a large number of companies prefer to invest abroad.
All India Congress Committee (AICC) general secretary Jairam Ramesh said in a post on the social media platform ‘X’ that the recently released Reserve Bank of India (RBI) data shows that in 2024-25, the net FDI flow in India unexpectedly reduced by 96 percent to just 0.4 billion US $.
He said, “Whatever official clarification is being given regarding this huge decline, the truth is that it reflects tremendous uncertainty about investment in India -which is not only discouraged not only foreign investors, but also Indian companies and are now giving priority to investing abroad instead of investing in the country.”
Ramesh said, “It can be heavy for us to ignore the impact of this dramatic decline.” These figures were released under the May edition of the RBI’s monthly bulletin.
The RBI report stated that the net FDI declined from US $ 10.1 billion to US $ 0.4 billion during 2024-25.
