
Piyush Goyal says,”Don’t get into all these datas, they are just numbers!”
So I read this TOI article about India’s net FDI crashing from around 28 billion dollars to just about 1 billion in two years.
And honestly, that number is shocking.
Net FDI is not just money coming in. It is what stays after money goes out. And now almost nothing is staying compared to before.
During Manmohan Singh’s time (2009–2014), net FDI was not perfect, but it was steady. It was roughly around 11 to 22 billion dollars every year. At least it was stable.
Now the picture looks very different. Money is still coming into India, but a lot is also going out. Companies are taking profits back, exiting investments, and Indian firms are also investing more abroad. So the final number has dropped hard.
From 28 billion to 1 billion in two years is not a small fall. That is a collapse.
But sure, we are told everything is booming. So I guess this is just “record growth” in a new definition.