India received 54 per cent less inflows of foreign direct investment (FDI) at $1.16 billion in September on a yearly basis after recording a growth in the previous two months.
FDI inflows in September last year stood at $2.5 billion.
"In the first six months of the current financial year, we received FDI inflows of $15.3 billion," Commerce and Industry Minister Anand Sharma said.
The inflows during April-September 2008-09 was $17.2 billion.
In August, the country received FDI worth $3.26 billion, a robust growth of 40.51 per cent over the same month last year. The FDI was $3.51 billion in July while it was $2.25 billion in the same month last fiscal.
In 2008-09, the government had set a target of attracting $35 billion FDI, but was able to receive only $27.30 billion due to the global financial crisis.
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The FDI inflows fell significantly from October 2008 and the monthly data remained lacklustre till June.
The World Bank's 'Doing Business Index' report ranked India at 133 position, a notch below last year. It said business environment in the country had become tougher this year.