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India’s farm sector received foreign direct investment (FDI) worth ₹354.77 crore during April-May this year, Parliament was informed today. The data in this regard was placed before the Lok Sabha by Minister of State for Agriculture SS Ahluwalia.
As per the data, the country had received total ₹515.49 crore FDI in the agriculture sector during the 2016-17 fiscal, as against ₹553.14 crore in the previous year. In 2014-15, the FDI in the farm sector stood at ₹365.31 crore, the Minister said in a written statement.
“A number of farmers have benefited directly and indirectly from FDI received in agriculture,” he added.
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