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  Business   Economy  08 Aug 2017  Agriculture sector gets Rs 354.77 crore FDI in Apr-May: Govt

Agriculture sector gets Rs 354.77 crore FDI in Apr-May: Govt

PTI
Published : Aug 8, 2017, 5:10 pm IST
Updated : Aug 8, 2017, 5:10 pm IST

Country had received total 515.49 crore FDI in the agriculture sector during the 2016-17

A number of farmers have benefited directly and indirectly from FDI received in agriculture.
 A number of farmers have benefited directly and indirectly from FDI received in agriculture.

New Delhi: India's farm sector received foreign direct investment (FDI) worth Rs 354.77 crore during April-May this year, Parliament was informed on Tuesday.

The data in this regard was placed before the Lok Sabha by Minister of State for Agriculture S S Ahluwalia.

As per the data, the country had received total 515.49 crore FDI in the agriculture sector during the 2016-17 fiscal, as against Rs 553.14 crore in the previous year.

In 2014-15, the FDI in the farm sector stood at Rs 365.31 crore, the minister said in a written statement.

"A number of farmers have benefited directly and indirectly from FDI received in agriculture," he added.

Tags: agriculture sector, foreign direct investment, farmer
Location: India, Delhi, New Delhi