Government approval is required from the countries sharing land border with India, for investments in any sector for FDI proposals.
The report noted that the second wave of the Covid-19 outbreak in India weighs heavily on the country’s overall economic activities.
Total FDI, including equity, re-invested earnings and capital, rose 10% to the "highest ever" of $81.72 billion during 2020-21 as against $74.39 billi