India netted $55 billion in last 2 years: Swaraj

Amid criticism from some sections about Prime Minister Narendra Modi’s travels to foreign countries, External Affairs Minister Sushma Swaraj has said that the last two years have brought around $55 billion FDI into the country.

“As much as $55 billion or Rs 369,000 crore has come through the FDI route in the last two years. It is about a 43 per cent jump over what it was during the UPA rule,” Mrs Swaraj said at her annual press conference in New Delhi on June 19.

“Foreign Direct Investment (FDI) does not come sitting at home,” the minister said while alluding to criticism about Prime Minister Modi’s frequent overseas travels.

“Aaj jab Bharat bolta hai, duniya sunti hai (Today when India speaks, the world listens),” said the minister.

Mr Modi made 40 foreign trips in the last two years, which was dominated by a calibrated outreach to the business community and investors in these countries.

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