Increase in FDI Cap in some sectors
Updated: Aug 05, 2015 04:33:29pm
Minister of State (Independent Charge) in the Ministry of Commerce & Industry Nirmala Sitharaman today said in a written reply in Rajya Sabha that, “Government plays an active role in investment promotion, through dissemination of information on the investment climate and opportunities in India and by advising prospective investors about investment policies and procedures and opportunities.”
FDI up to 100 per cent is allowed on the automatic route in most sectors/activities subject to applicable laws/ regulations; security and other conditionalities.
Further, in various sectors, it is allowed up to the different limits, varying from 20 per cent to 100 per cent, subject to prescribed conditions. The detailed information is available in ‘Consolidated FDI Policy Circular of 2015’ at this Department’s website (www.dipp.nic.in). (KNN Bureau)