July 3 , 2021
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- India has reported a current account surplus of 0.9 per cent of GDP in the Financial Year 2021 (FY21).
- This is as per the data released by Reserve Bank of India (RBI).
- In 2020, it has reported current account deficit of 0.9 per cent in FY20.
- Net FDI was USD 2.7 billion during March quarter of 2021 as compared to USD 12 billion in 2020.
- The Net foreign portfolio investment (FPI) increased by USD 7.3 billion.
- The Net external commercial borrowings to India decreased to USD 6.1 billion.
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