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Officially, the Indian rupee has a market-determined exchange rate. However, the Reserve Bank of India trades actively in the USD/INR currency market to impact effective exchange rates. Thus, the currency regime in place for the Indian rupee with respect to the US dollar is a de facto controlled exchange rate.
The World Investment Report 2020 by the UN Conference on Trade and Development (UNCTAD) said that India was the 9th largest recipient of FDI in 2019, with $51 billion of inflow during the year, an increase from $42 billion of FDI received in 2018, when India ranked 12 among the top 20 host economies in the world.
The literacy rate in 2011 was 74.04%: 65.46% among females and 82.14% among males. [365] The rural-urban literacy gap, which was 21.2 percentage points in 2001, dropped to 16.1 percentage points in 2011. The improvement in the rural literacy rate is twice that of urban areas. [363]