Flagging the newest Reserve Bank of India (RBI) knowledge that reveals that the Foreign Direct Investment (FDI) inflows into India in 2024-25 plunged by an unprecedented 96%, the Congress on Sunday (May 25, 2025) stated that it reflects super investment uncertainty in the nation, with extra companies selecting to speculate overseas.
Congress common secretary (Communications) Jairam Ramesh, in a publish on X, quoted the RBI knowledge, which exhibits that FDI influx in the FY 2024-25 was lowered to a measly $0.4 billion.
“Whatever whitewashing of an official explanation for this precipitous fall is being provided, the fact remains that this reflects tremendous investment uncertainty in India — which is deterring not only foreign investors but Indian companies as well, who would rather invest abroad than at home,” Mr. Ramesh stated in his publish.
“We ignore the implications of the dramatic decline at our own peril,” the Congress chief stated.
“The data was released as part of the RBI’s May edition of its monthly bulletin. Net FDI moderated to $0.4 billion during 2024-25 from $10.1 billion a year ago, reflecting the rise in net outward FDI and repatriation FDI,” the RBI report stated.
Published – May 25, 2025 10:42 pm IST
