Archive · 30 Jul 2026
Brittas Criticizes Centre Over Net FDI Decline Following
John Brittas, a member of parliament, said that the amount of money foreign companies keep in India has dropped a lot, from almost 28 billion dollars to less than 1 billion.
He pointed out that investors have taken back about 180 billion dollars.
The government says this is because investors are pulling out money and sending it abroad.
A finance minister said the net money coming in has gone up again to about 7 billion dollars.
Even though the net money is lower, India still got a record 95 billion dollars in total foreign investment.
The government also says it is doing things to keep prices low for people.
Brittas thinks the government is hiding the real problem by only looking at the total money coming in.
The government says the money is still good because it shows India is a good place to invest.
The debate shows how different people look at the same numbers in different ways.
CPI(M) MP John Brittas criticized the central government over a 97% drop in net FDI from 2022‑23 to 2024‑25.
He highlighted that nearly USD 180 billion was repatriated by foreign investors over four years.
The government attributes the net FDI decline to higher repatriation and rising overseas direct investment outflows.
Minister Pankaj Chaudhary said net FDI rebounded to USD 6.95 billion in FY26 after falling to USD 0.96 billion in FY25.
Despite the net decline, India recorded a record gross FDI inflow of USD 94.84 billion in FY26.
- Who
- John Brittas, CPI(M) MP and Pankaj Chaudhary, Minister of State for Finance
- What
- Criticism of net FDI decline and government explanation of repatriation and ODI outflows
- When
- 2024-25 fiscal year
- Where
- India
- Why
- To highlight an investment crisis and justify the net FDI drop
- Net FDI FY23
- USD 27.99 billion
- Net FDI FY25
- USD 0.96 billion
- Net FDI FY26
- USD 6.95 billion
- Gross FDI FY25
- USD 80.61 billion
- Gross FDI FY26
- USD 94.84 billion
- Repatriation (4 years)
- USD 180 billion
- ODI outflows
- increasing