Saturday, July 29 2006 13:20 Hrs (IST) - World Time -

New Delhi: The Government yesterday (July 28, 2006) said 10.3 billion dollars of FDI, including money raised from ADRs and GDRs, flowed into the country country during 2005-06.

The FDI constituted 37.12 per cent of the total capital flow of 27.7 billion dollars, Minister of State for Finance P K Bansal informed Lok Sabha.

He said the government has undertaken a comprehensive review of Foreign Direct Investment policy and associated procedures in February 2006.

"As a result, a number of rationalisation measures have been taken including doing away with the multiple approvals by the regulatory authorities," he said.