Foreign capital outgo exceeds FDI inflows in the mining sector
The flight of foreign capital in mining sector has outweighed the inbound FDI (Foreign Direct Investment) flows. Though FDI is permitted in the mining sector since February 2000, its flow has been intermittent over the last few years. From 592 million in 201011, FDI in mining has subsided by more than half to 247 million at the end of 201819.