ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Shariah s Women

paying out profit remitrances) was negative by as much as a billion US dollars (p 167). Over 1984 to 1991, FDI inflows to these countries totalled $ 6.4 billion; the outflow of profit remittances was $ 14.5 billion, indicating a negative net How of $ 8.1 billion in seven years. Even for India, the RBI balance sheet analysis for 1988-89 reported post-tax profits (on FDIs) at Rs 778 crore on a paid-up capital of Rs 1.623 crore. or a profit rate of 48 per cent. Out of these profits, remittances amounted to Rs 345 crore (the balance of Rs 433 crore being reinvested and the remittances work out to 21 per cent of the paid-up capital.

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