GOVERNMENT OF INDIA

MINISTRY OF COMMERCE AND INDUSTRY

LOK SABHA

UNSTARRED QUESTION NO: 2422

ANSWERED ON:09.08.2010

FDI INFLOW

GADHVI MUKESHKUMAR BHEIRAVDANJI 

(a)the details of Foreign Direct Investment (FDI) during each of the last two years and the current year, State-wise including Gujarat and Karnataka;

(b)whether the FDI in service sector has been higher during the last two years as compared to other sectors like agriculture,; and

(c)if so, the details thereof alongwith the percentage of FDI allowed in packed food processing and agriculture?

Will the Minister of COMMERCE AND INDUSTRY be pleased to state:-

ANSWER

THE MINISTER OF STATE IN THE MINISTRY OF C0MMERCE & INDUSTRY

(SHRI JYOTIRADITYA M. SCINDIA)

(a):A statement on FDI inflows from April, 2008 to May, 2010, State-wise, including Gujarat and Karnataka, is enclosed at Annexure.

(b):Details of FDI inflows on Services sector, Agriculture sector and all other sectors, from April, 2008 to May, 2010, are as under:

Sector 2008-09 2009-10 2010-11 Total Apr-Mar Apr-Mar Apr-Mar

Rs US$ Rs US$ Rs US$ Rs US$ crore million crore million crore million crore million

SERVICES 59,044.80 13,018.27 54,349.40 11,437.69 7,412.99 1647.25 120,807.18 26,103.22

AGRICULTURE 24.21 5.26 6,382.12 1,317.07 10.09 2.27 6,416.42 1,324.59

ALL OTHER 63,955.87 14,307.32 62,646.24 13,133.42 12,566.37 2777.33 139,168.50 30,218.02 SECTORS

(c):As per the extant policy, 100% Foreign Direct Investment (FDI) is allowed under the automatic route in Food Processing. 100% FDI is also allowed under the automatic route in Floriculture, Horticulture, Development of Seeds, Animal Husbandry, Pisciculture, Aquaculture and Cultivation of Vegetables & Mushrooms under controlled conditions and services related to agro and allied sectors. Besides the above, Foreign Direct Investment (FDI) is not allowed in any other agricultural sector/activity.