FDI inflow from China declines to USD 163.77 million in FY20: Anurag Thakur

With regard to outflow from India, Minister of State for Finance Anurag Singh Thakur said, it was USD 20.63 million in calendar year 2020 as against USD 27.57 million in the corresponding period last year. To curb opportunistic takeovers or acquisitions of Indian companies due to the current COVID-19 pandemic, the government issued Press Note 3 earlier this year, he said.

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