Rs 2,74,034 crore Foreign Portfolio Investments inflows in Indian equity markets

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The robust FPI flows came connected the backmost of faster than expected economical betterment supported by aggregate tranches of innovatively designed stimulus packages. The Government and regulators had besides undertaken large argumentation initiatives directed astatine improving easiness of entree and concern clime for FPIs successful the caller past.

New Delhi: Financial Year (FY) 2020-21 witnessed beardown Foreign Portfolio Investment (FPI) inflows into the Indian equity markets of Rs 2,74,034 crore, thus, reflecting steadfast assurance of overseas investors successful the fundamentals of the Indian Economy, the Ministry of Finance said connected Tuesday.

The robust FPI flows came connected the backmost of faster than expected economical betterment supported by aggregate tranches of innovatively designed stimulus packages. The Government and regulators had besides undertaken large argumentation initiatives directed astatine improving easiness of entree and concern clime for FPIs successful the caller past.

These see simplification and rationalisation of the FPI regulatory regime, operationalisation of the online Common Application Form (CAF) for the intent of registration with SEBI, allotment of PAN and opening of slope and Demat accounts etc. 

The summation successful aggregate FPI concern bounds successful Indian companies from 24% to the sectoral headdress has been a catalyst for summation successful weightage of Indian securities successful large equity indices, frankincense mobilising monolithic equity inflows, some passive and active, into Indian superior markets.

The maturation forecast for India successful FY 2021-22 person been pegged supra 10% by the World Bank, IMF and respective planetary probe organisations underscoring that India volition proceed to stay an charismatic concern destination successful the adjacent future, Ministry of Finance said.

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