Press Note No. 3 (2015 Series) -
Review of Foreign Direct Investment (FDI) policy on Insurance Sector‑ amendment to 'Consolidated FDI Policy Circular of 2014'. 1.0 Present Position: 1.1 Paragraph 220.127.116.11 of 'Consolidated FDI Policy Circular 2014', effective from April 17, 2014, relating to insurance sector, presently reads as below:...
Notification No. G.S.R. 115 (E) -
As per these rules, Foreign Direct Investment (FDI) proposals up to 26 per cent of the total paid-up equity of the Indian Insurance Company shall be allowed on the automatic route, and FDI proposals which take the total Foreign Investment above 26 per cent and up to the cap of 49 per cent shall require FIPB approval....
Press Note No. 10 (2014 Series) -
The State Government/Municipal/Local Body concerned, which approves the building/development plans, would monitor compliance of the above conditions by the developer....
Press Note No. 8 (2014 Series) -
The Government of India, vide Notification No. S.O. 2113(E), dated 22 August 2014, has reviewed its policy for private investment in rail infrastructure and amended the list of industries reserved for public sector under item No. 8 of Schedule I of the Notification No.S.O.477(E) dated 25 July 1991. Accordingly it has been decided to perm...
Press Note No. 7 (2014 Series) -
In the I& B and Defence sectors where the sectoral cap is less than 49%, the company would need to be 'owned and controlled' by resident Indian citizens and Indian companies, which are owned and controlled by resident Indian citizens....
D/o IPP F. No. 5(1)/2014 -
Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion (FC Section) Circular 1 of 2014 Subject: Consolidated FDI Policy. The “Consolidated FDI Policy” is attached. 2. This circular will take effect from April 17, 2014. Download Consolidated FDI Policy (Anjali Prasad) Additional Secretar...
Press Note No. 6 (2013 Series) -
Investment by a registered FII under the Portfolio Investment Scheme would be permitted up to 24% only in the CICs listed at the Stock Exchanges, within the overall limit of 49% for foreign investment....
Press Note No. 1 (2013 Series) -
Review of the policy on foreign direct investment in the Multi Brand Retail Trading Sector- amendment of paragraph 18.104.22.168(2) of 'Circular 1 of 2013-Consolidated FDI Policy'...
Press Note No. 2(2013 Series) -
The Government has decided to incorporate the following definition of ‘group company’ in the FDI Policy contained in ‘Circular 1 of 2013 – Consolidated FDI Policy’, effective from 05-04-2013....
This Department has been receiving a large number of requests from various stakeholders seeking clarifications on the provisions of FDI policy. It is noted that many of the requests for clarification do not provide specific/ adequate details of the proposal. As a result, this Department is unable to take decision/ provide clarifications o...