clearhe said more than rs 11 lakh crore worth loans without bank guarantees have been given to firsttime entrepreneurs under the mudra yojanamodi said his government is opening up more sectors of the economy for the private sector simplification rationalisation and transparency are the mantras for opening banking fdi or natural resource allotmentin 2019 india got 48 billion foreign direct investment a growth of 16 per cent similarly private equity and venture capital investment saw a 53 per cent growth at 19 billionto get rid of the status quo we are not just collaborating at home but also at the international level he saidstating that there was a time when maintaining distance from foreign nations was considered neutral he said india now is being neutral by making friendswe are friends with saudi arabia and iran at the same time we are friends with the us and russia at the same time he said