Video
The government says ₹483 crore spent on PM Modi's foreign visits since 2021
The government says ₹483 crore spent on PM Modi's foreign visits since 2021 has helped attract $381.8 billion in FDI, claiming that every ₹1 spent has brought ₹66,000 in investment. But that figure counts total FDI inflows, not what stayed in India. Net FDI fell sharply in recent years as more money flowed out through profit repatriation, stake sales by foreign investors, and overseas investments by Indian companies. The debate is whether success should be measured by money entering India or by money that remains.
Story details
- Producer
- Spot On
- Last updated