Saturday, April 13, 2013

Re: [IAC#RG] Liar #1

Sarabjitji!!
 
Are you not aware that most of the businesses/ industries started and running in Gujarat like Reliance or Ruia-s ..etc. have their Corporate Offices in Mumbai and the FDI flowing to them is taken as if in Maharashtra?
 
Unless FDI flows are tabulated Companywise, these figures of funds flowing into States would be misleading as the Corporate office has  few employees running the show but the investment and industries employing thousands are situated elsewhere.

From: Sarbajit Roy <sroy.mb@gmail.com>
To: indiaresists <indiaresists@lists.riseup.net>
Sent: Saturday, April 13, 2013 2:57 PM
Subject: [IAC#RG] Liar #1

"Reserve Bank of India's FDI figures encompassing the decade of 2000 to 2011 reveal that while Gujarat received just about $7.2 billion in FDI, Maharashtra got $45.8 billion and Delhi over $26 billion. Even Karnataka and Tamil Nadu, with a $8.3 billion and $7.3 billion share, got a larger piece of the national FDI pie.
Albeit the overall FDI inflow into India fell by some 30 per cent during 2012-13, Gujarat has beaten this, as the numbers suggest, with a bigger decline close to 50 per cent."
http://www.thehindu.com/news/national/gujarat-the-gateway-to-india-fact-or-farce/article4611304.ece




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