Home » Parliament » Relaxation of FDI Norms 

Relaxation of FDI Norms 

Review of Foreign Direct Investment (FDI) policy is an ongoing process and changes are made in the FDI policy regime, from time to time, to ensure that India remains an attractive investment destination.

FDI in various sectors is allowed in a calibrated manner after having intensive consultations with stakeholders including concerned Ministries and Departments, State Governments, apex industry chambers, associations and other organizations taking into consideration their views and comments.  FDI policy on various sectors, indicating therein sector-wise FDI limits is, provided in the ‘Consolidated FDI Policy Circular of 2017’, as amended from time to time through subsequent Press Notes, which are available on the website of Department for Promotion of Industry & Internal Trade at www.dipp.gov.in.

While FDI policy lays down an enabling framework for attracting foreign investment, Ministry of Home Affairs has laid down detailed guidelines for assessment of proposals from national security point of view. In order to boost economic growth without compromising the security of the country, proposals are evaluated on the basis of their potential threat to nation’s unity, territorial integrity and sovereignty.

This information was given by the Minister of Commerce and Industry, PiyushGoyal, in a written reply in the Lok Sabha

About ppb

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Implementation of National Electric Mobility Mission Plan 

The National Electric Mobility Mission Plan (NEMMP) 2020 is a National Mission document providing the ...

Several tax proposals aim to promote investments in start-ups and sunrise industries in the country 

PROMOTING INVESTMENTS Several of the tax proposals announced by the Union Minister of Finance and ...

FDI inflows into India remained robust in 2018-19 

The Union Minster of Finance and Corporate Affairs, Nirmala Sitharaman said that FDI inflows into ...

Fertilizer Subsidy sees a hike of around Rs. 10,000 crores in Budget 2019-20 

Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, presented the Union Budget 2019-20 ...

State of the Economy in 2018-19 – A Macro View 

GDP to grow at 7% in 2019-20 due to growth of investment & consumption Service ...

Reduction of Stake in PSUs 

As per the Public Enterprise Survey (PES), which is laid every year in both the ...

Steel Plants 

The State-wise number and details of the Steel plants established by the Government and other ...

Merchandise Export 

India has achieved a record high of USD 330. 07 billion of merchandise exports in ...

Export of Aquaculture 

No anti-dumping duty has been imposed recently on Indian shrimp exports by the United States ...

Industrial Park for Rubber Units 

Developmental and research activities for supporting natural rubber sector for the welfare of growers are ...