Skip to main content

FDI: INDIA IS NO MORE IN THE PICTURE. WELL DONE MODI!



In 2024, global foreign direct investment (FDI) rose modestly to $1.51 trillion, continuing a gradual post-pandemic recovery but still far below the $2.2 trillion peak of 2015, with Egypt’s inflows growing more than 370% year-on-year.

The United States, Singapore, and China remained the top destinations, drawing over $538 billion combined. Capital flows continued to concentrate, with just 10 countries accounting for 63% of global FDI. Among them, the standout was Egypt, which climbed to 8th place globally with $46.6 billion, outperforming larger economies like the United Arab Emirates and Mexico. 

This dramatic leap, driven by a $35 billion UAE-backed megaproject in Ras El-Hekma and sweeping domestic reforms, marks a rare moment where an African country disrupts the global investment hierarchy.

Comments

Post a Comment

Popular posts from this blog

Casteist Indian Bankers: Caste Bias Still Haunts Indian Banking

The Problem: Caste discrimination continues to plague the Indian banking sector, limiting access to credit for millions of lower-caste citizens. Data Point: A study  found that Scheduled Tribes (STs) face a 5-7% lower loan approval rate compared to higher castes, even after controlling for socioeconomic factors. How it Works: Discrimination in Action: Lower-caste individuals often encounter: Higher rejection rates for loan applications. Smaller loan amounts compared to higher-caste applicants. Less favorable terms, such as higher interest rates and stricter collateral requirements. The "Depositors, Not Borrowers" Mindset: Banks often view lower-caste individuals primarily as depositors, not as creditworthy borrowers. The Impact: Limited Economic Mobility: Restricted access to credit hampers entrepreneurship, reduces income growth, and perpetuates poverty cycles within marginalized communities. Reliance on Informal Lenders: The lack of access to formal ba...
Post a Comment
Read more

Raise of RSS-affiliated think tanks

Since 2014, the number of think tanks affiliated with the Rashtriya Swayamsevak Sangh (RSS) and the Bharatiya Janata Party (BJP) has significantly increased. India had 192 think tanks in 2014, which surged to 612 by 2021, reflecting a notable rise in nationalist-oriented institutions like the India Foundation and the Vivekananda International Foundation  This growth is part of a broader strategy to challenge leftist intellectual dominance and promote a "New India" ideology through policy research and public discourse. The main goals of RSS-affiliated think tanks include: Promoting Hindutva Ideology : They aim to spread the ideology of Hindutva to strengthen the Hindu community and uphold Indian culture and civilizational values Challenging Leftist Dominance : These think tanks seek to counter the intellectual hegemony of leftist ideologies in India, providing an alternative narrative in policy discourse Supporting Government Policies : They produce research and reports that s...
Post a Comment
Read more

Unveiling the "Real Majority" of India

Unveiling the "Real Majority": Divya Dwivedi’s Critique of the Hindu Majority Narrative * In contemporary Indian discourse, the notion of a "Hindu majority" is often taken as an unassailable fact, with official statistics frequently citing approximately 80% of India’s population as Hindu. This framing shapes political campaigns, cultural narratives, and even national identity. However, philosopher and professor at IIT Delhi, Divya Dwivedi, challenges this narrative in her provocative and incisive work, arguing that the "Hindu majority" is a constructed myth that obscures the true social composition of India. For Dwivedi, the "real majority" comprises the lower-caste communities—historically marginalized and oppressed under the caste system—who form the numerical and social backbone of the nation. Her critique, developed in collaboration with philosopher Shaj Mohan, offers a radical rethinking of Indian society, exposing the mechanisms of power t...
Post a Comment
Read more