Government efforts to attract FDI paying off, says FM Arun Jaitley

Government's efforts are paying off as India has become the highest FDI destination for greenfield projects, Finance Minister Arun Jaitley said on Tuesday.

The finance minister took to Twitter to announce the development.

The Finance Minister's comment came after a report said that India, with $31 billion of foreign capital inflows, has surpassed China and the US to take the pole position in attracting largest FDI in the first half of 2015.

The report published in the 'Financial Times' said India has attracted $31 billion of FDI in the first half of 2015, ahead of $28 billion of China and $27 billion of US.

The Finance Ministry on Tuesday forwarded a report published in FT that said "India grabs investment league pole position."

The report has said India has attracted $31 billion of FDI in H1 2015, ahead of $28 billion of China and $27 billion of US.