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UNCTAD report — A reality check on dollar deluge

While acknowledging India as a leading FDI destination, the UN body flags the areas of concern

June 23, 2021 / 08:51 AM IST
UNCTAD report — A reality check on dollar deluge

The dollar deluge in India was awarded an international seal of confirmation when UNCTAD (United Nations Conference on Trade and Development)) last Monday announced that the country remained one of the few bright spots in terms of foreign funds inflow during the pandemic-whacked year of 2020. In its World Investment Report 2021, the UN body observed that developing Asia is the only region that recorded growth in foreign direct investment (FDI) in 2020, accounting for more than half of global...

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