Moneycontrol

Budget 2023Budget 2023

PARTNERS

  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
Upcoming Event : LeapToUnicorn - mentoring, networking and fundraising for startups. Register now
Budget 2023
Budget 2023

Economic Survey 2021-22 | India's net FPI inflows recorded all-time monthly high of $9.8 billion in November

The Survey credited the return of investors’ risk appetite in a renewed search for yield amid the COVID-19 pandemic for the high inflows

January 29, 2021 / 06:47 PM IST

The Economic Survey 2021-22 tabled in Parliament on January 29 by Union Finance Minister Nirmala Sitharaman said that net foreign portfolio investment (FPI) inflows recorded an all-time monthly high of $9.8 billion in November 2020.

The survey credited the return of investors’ risk appetite in a renewed search for yield amid the COVID-19 pandemic for the high FPI inflows. Also, the Survey cited the weakened US dollar amid global monetary easing and fiscal stimulus packages as reasons. The Survey noted that India was the only country among emerging markets to receive equity FII inflows in 2020.

Economic Survey 2021 says ‘overregulation’ leads to opaque decision making, pitches for simple regulations

ES-2021 said that within its sovereign credit ratings cohort, India is rated much below expectation given the number of sovereign defaults it has reported since 1990, which is zero, making it a negative outlier. It noted that India has never defaulted, unlike several of its cohort countries.