Shillong, August 6: Between 2014-15 and 2022-23, investments in India witnessed an impressive 65% growth, rising from Rs 32,78,096 crore to Rs 54,34,691 crore.
As per IANS, this significant increase in investments reflects the combined efforts of both the government and the private sector, as measured by Gross Fixed Capital Formation (GFCF) in the Indian economy.
In 2014-15, GFCF was recorded at Rs 32.78 lakh crore (at constant 2011-12 prices). Subsequently, this figure surged by 65% to reach Rs 54.35 lakh crore in 2022-23, as per provisional estimates.
To further stimulate investments in the country, the government has implemented schemes for special assistance to states for capital expenditure and capital investment. As part of these initiatives, the Centre has approved and released special assistance in the form of a 50-year interest-free loan for capital expenditure on various projects, including those in crucial sectors such as health, education, irrigation, and power.
In addition to domestic investments, India has also experienced continuous growth in foreign direct investments (FDI) since 2014-15. Over the course of the last seven financial years between 2014-15 and 2021-22, the country has attracted FDI inflows amounting to more than $443 billion.
These robust investment figures reflect a positive outlook for the Indian economy, attracting both domestic and international stakeholders who seek to participate in its growth story.
