The government on Friday said that the realisation rate of foreign direct investment inflows into India has been the highest in 2002 since 1991 at 191.08 per cent in rupee terms.
Total FDI inflows during 2002 were $4.43 billion (Rs 21,285.97 crore) including America depository receipts/global depository receipts and advances pending issue of shares, as per an official statement.
FDI inflows net of ADRs/GDRs during 2002 were Rs 18,195.57 crore, which is 8.45 per cent higher in rupee terms compared to the previous year.
It said government has set up a committee comprising representatives from the Department of Industrial Policy and Promotion and the Reserve Bank of India to examine the system of reporting data on FDI and for adoption of the international reporting.
The FDI figures reported till now do not include reinvested earnings and other direct capital inflows, which actually form part of FDI as per international reporting standards, the statement added.