DIPP

Department of Industrial Policy & Promotion had issued a Consolidated FDI Policy Circular (Circular 1 of 2010) on 31.03.2010,making all information on Foreign Direct Investment (FDI) Policy available at one place and subsuming all earlier Press Notes/ /Press Releases/ Clarifications regarding Government policy on FDI, issued by the Department from time to time. Subsequently Circulars were issued on 30.09.2010, 31.03.2011and 30.09.2011. Full Article

With Kingfisher and several other airlines landing into dire straits, the industry ministry has moved a draft Cabinet note on allowing 26% FDI by foreign airlines in the domestic carriers. Private airlines in the country are in dire need of funds for their operations and service upgradation to compete with other global carriers, the note circulated by the department of industrial policy and promotion (DIPP) said. Full Article

The Government of India has announced a national manufacturing policy with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. It also seeks to empower rural youth by imparting necessary skill sets to make them employable. Sustainable development is integral to the spirit of the policy and technological value addition in manufacturing has received special focus. Full Article

In the last two decades, Indian economy has witnessed a transformational change and has emerged as one of the fastest growing economies of the world. Industrial development in Independent India was catalysed by three major industrial policy resolutions of Government of India in 1948, 1956 and 1991, which provided a strong industrial base. Economic reforms unveiled in 1991, have brought about a structural shift enabling the private sector to assume a much larger role in a.. Full Article

Rationale of Equity Caps -The FDI equity caps in a sector essentially reflect the levels of control that a foreign direct Investor is permitted to exercise in a company operating within that sector. The FDI policy incorporates equity caps at broadly four levels- 26%, 49%, 51% and 74%[2]. These caps reflect the ownership/ control levels in a company, under the Companies Act, 1956. Thus, for example, any equity holding greater than 25% gives a right to block a ‘special .. Full Article

A decision on the contentious issue of allowing foreign direct investment (FDI) in multi-brand retail is likely to be taken before the Monsoon session of Parliament, sources said. However, there will be tough riders on the global retail chains for launching their operations. These would include hand-holding the small kirana shop-keepers who fear they could be wiped out by the giant retailers. Full Article

Amid a debate within the government on allowing foreign direct investment in multi- brand retail, the nodal Consumer Affairs Ministry is insisting on a FDI cap of 49% in the sensitive sector, sources said. Full Article

Review of the policy on Foreign Direct Investment- Allowing FDI in Limited Liability Partnership firms-amendment to paragraphs2.1, 3.3.5 and 3.3.6 of 'Circular I of 2011-Consolidated FDI Policy'. The Government of India has reviewed the extant policy on FDI and decided to permit FDI in LLP firms, subject to specified conditions. Full Article