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News FDI Policy

  • Nov 25, 2015
  • Govt plans to put 98% sectors for FDI under automatic route

    India is planning to put around 98% of sectors that are open to foreign investments under the automatic route so that investors are spared of the trouble of approaching either the finance or the commerce ministry for any approval, a senior government official said on Tuesday.“We are putting maximum sectors (of FDI) through automatic route. Our belief is that nobody should come to the government. So we get 92% of FDI coming through automatic route.

    Source - http://www.financialexpress.com