India’s Dollar Economy Part 2 —Why Did Rs 20 Lakh Cr ($230 bn) Flee BIT by BIT? | The Quint

India’s economy saw strong growth during the first years of the Modi government, with GDP growth crossing 8% and FDI inflows nearly doubling to $60 billion. The period also saw falling crude prices, a tax windfall, Aadhaar, and the rollout of GST. But despite $366 billion in fresh FDI over six years, $230 billion was repatriated or disinvested. What explains this massive outflow? Read more here: https://www.thequint.com/opinion/india-dollar-economy-20-lakh-crore-bit#read-more From exposing misinformation to delivering impactful human rights reporting, our newsroom has relentlessly pursued stories that drive change. We remain committed to asking the tough questions — and we'd love for you to be a part of our journey. Become The Quint’s member and make your support count: https://bit.ly/4j8x6uy For more videos, subscribe to our YouTube channel: https://bit.ly/4gIyCln --------------------------------------------------------------- Visit our website for more stories: https://www.thequint.com Check out our Special Projects: https://www.thequint.com/special-projects Subscribe to The Quint’s exclusive newsletters: https://thequint.substack.com/ --------------------------------------------------------------- Follow elsewhere: » Join us on WhatsApp: https://whatsapp.com/channel/0029Va5ysvjAe5VqBKRhgv2G » Instagram: https://www.instagram.com/thequint/ » LinkedIn: https://in.linkedin.com/company/thequint » Twitter: https://x.com/TheQuint » Facebook: https://www.facebook.com/quintillion/ --------------------------------------------------------------- Video: The Quint Learn more about your ad choices. Visit megaphone.fm/adchoices