Enhancing the Scope and Quality of Indian FDI Statistics

India has been amongst the world’s twenty largest hosts to foreign direct investment (FDI) for much of the period between 2006 and 2014. In 2014, it became the world’s ninth largest FDI recipient, and the Indian government is prioritising FDI as a key driver for economic growth, employment and global competitiveness. It is thus crucial that Indian policymakers have a thorough and holistic view of India’s FDI inflows and outflows, and their economic contribution to the Indian economy. Detailed, robust and easily accessible FDI data is fundamental to this insight.

 

Yet, recent Indian FDI studies and parliamentary committee reports on FDI point to worrying shortfalls in India’s FDI statistics. It might thus be timely for India to devote more attention to strengthening its FDI statistical system, as part of its broader effort to enhancing its data bases related to industry, prices, trade, GDP and other major economic indicators.

 

In this context, NCAER’s recently completed project, Enhancing the Scope and Quality of Indian FDI Statistics, has sought to set a national agenda for action by locating the principal gaps in Indian FDI statistics and proposing how these might be resolved. 



Premila Nazareth SatyanandBornali Bhandari,  Aakshi Wadhwa, Namrata Saraogi, Chavi Meattle, Sanchit Singhal
Mar 2016

Industry, Macro, Trade