December 13, 2016

Claim: Total FDI inflows in the last two and a half years have touched $130 billion: PM @narendramodi

Fact: False. Between May 2014 and November 2016, foreign direct investment inflows amounted to $101.72 billion, 21.8% lower than the PM’s claim.


Explanation: The total FDI inflows amount to $101.72 billion between May 2014 and November 2016, according to the Department for Promotion of Industry and Internal Trade of the Ministry of Commerce and Industry.