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Govt permits 100% FDI under automatic route for palm oil tree plantation

foodmate 2019-07-04
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One hundred percent foreign investment under automatic route has been permitted for palm oil tree plantation since 2015. The government is constantly taking various initiatives to boost investments which, inter-alia, include the Make in India programme, measures to improve ease of doing business, facilitating micro-, small and medium enterprises (MSME), reforms in the foreign direct investment (FDI) policy, etc.

Statement on financial year-wise FDI equity inflows from April 2014 to March 2019
 

Sector: Hybrid seeds and plantation

 

Serial number

Year

FDI (in $ million)

1

2014-15

17.46

2

2015-16

20.53

3

2016-17

49.67

4

2017-18

63.42

5

2018-19

40.56

Grand total

191.64



This information was given in a written reply by agriculture and farmers’ welfare minister Narendra Singh Tomar in Lok Sabha recently.

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