Nation Politics 02 Aug 2019 Narendra Modi’ ...

Narendra Modi’s trips ensured FDI: Dr Tamilisai Soundararajan

DECCAN CHRONICLE.
Published Aug 2, 2019, 3:42 am IST
Updated Aug 2, 2019, 4:01 am IST
India received the highest-ever FDI inflow of $64.37 billion during the fiscal ended March 2019.
Dr. Tamilisai Soundararajan
 Dr. Tamilisai Soundararajan

CHENNAI: BJP state president Dr. Tamilisai Soundararajan took pot shots at DMK president M. K. Stalin for criticising Prime Minister Narendra Modi’s foreign trips and said the PM had ensured foreign direct investments (FDI) of $64.37 billion during 2018 – 19 fiscal.

While lauding the PM for his “path-breaking reforms” which had facilitated FDI worth $286 billion during the previous regime of the NDA and now $64.37 billion, Dr. Tamilisai utilised the occasion to needle the DMK president for his unsavoury remark targetting the PM.

 

“Progress sheet as a fitting reply to critics of Honb.PMs foreign tours in the past by Modi Ji baiters especially Main TN opposition DMK leader MKStalin adverse comments during last LS election campaigns,” she tweeted and the BJP leader got trolled for the tweet.

Last year, while lasing out at Mr. Modi, Stalin said, PM did not like socialism, democracy and secularism. “His thoughts are about (industrialists) Adani and Ambani. We have heard about a non-resident Indian, but Modi is the non-resident Prime Minister," he had said.

 

According to the Annual Report 2018-19 of the Department for Promotion of Industry and Internal Trade (DPIIT), FDI worth $286 billion were received in the country in past five years. India received the highest-ever FDI inflow of $64.37 billion during the fiscal ended March 2019.

Highlighting the importance of FDI, it said the foreign inflows bring in resources, the latest technology and best practices to push economic growth on to a higher trajectory. The FDI inflows was $45.14 billion during 2014-15 when Prime Minister Narendra Modi-led NDA government assumed power. The inflows were $55.55 billion in the following year.

 

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