PM Modi's Foreign Visits Cost Rs 74.5 Crore This Year; India Attracts $381.8 Billion FDI Since 2021, MEA Confirms

Prime Minister Narendra Modi's foreign visits during the current year have cost the exchequer Rs 74.5 crore, according to information released by the Ministry of External Affairs (MEA). This expenditure covers various aspects related to the Prime Minister's diplomatic engagements abroad, underscoring India's active participation in global affairs.In a separate but related economic update, the MEA also highlighted India's robust performance in attracting Foreign Direct Investment (FDI). The nation has successfully drawn an impressive $381.8 billion in FDI since 2021. This substantial inflow indicates continued international investor confidence in India's economic potential and growth trajectory.Exam Insights & GK Analysis: This news is important for competitive exams, particularly in the Current Affairs and Economy sections. Questions might focus on the current expenditure on VVIP foreign travel or India's FDI inflows. Key GK points include: The Ministry of External Affairs (MEA) is responsible for the conduct of foreign relations of India. Its headquarters are in New Delhi. The current Minister of External Affairs is S. Jaishankar. FDI is a critical component of a country's balance of payments and an indicator of its economic openness.