100% foreign investment under automatic route has been permitted for palm oil tree plantation since 24.11.2015. The Government is constantly taking various initiatives to boost investments which, inter-alia, include 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 & Plantation
Sl No | Year | FDI (In USD 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 the Union Minister of Agriculture and Farmers Welfare Shri Narendra Singh Tomar in Lok Sabha today.