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Your email address will not be published.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

PROMOTION OF AGRO TEXTILES

With a view to boost Technical Textiles sector in the country including agro-textiles, Ministry of ...

The Department for Promotion of Industry and Internal Trade Recognises 1,97,692 Startups Under Startup India Initiative

The Department for Promotion of Industry and Internal Trade (DPIIT) has recognised 1,97,692 entities as ...

Wellness Tourism in the Country

Development and promotion of tourist destinations and products, including wellness tourism is undertaken by the ...

Pharmaceuticals & Medical Devices Bureau of India has partnered with the Cooperative sector to open Jan Aushadhi Kendras through Primary Agriculture Cooperative Societies to increase access to medicines in rural areas

To increase access to medicines in rural areas, the Pharmaceuticals & Medical Devices Bureau of ...

6 new urea units with a production capacity of 12.7 Lakh MT each have been set up under New Investment Policy to facilitate fresh investment in the urea sector

The recommendations of the Standing Committee on Chemicals and Fertilizers regarding reduction of GST on ...

Government has provided special packages on DAP over and above the NBS subsidy rates on need basis in order to ensure smooth availability of DAP

Government has implemented Nutrient Based Subsidy Policy w.e.f. 1.4.2010 for Phosphatic and Potassic (P&K) Fertilizers. ...

Production of coal

Most of the demand of coal in the country is met through indigenous production/supply. The ...

DPIIT promotes green logistics industry balancing economic growth and environment

The Government recognizes the importance of sustainable logistics for India’s economic growth and environmental well-being. ...

Government provides incentives to small tea growers

The Tea Development & Promotion Scheme for the period 2023-24 to 2025-26 inter alia includes ...

EXPORT OF SEA FOOD

The current status of the export of seafood from the country is given below:-   ...