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Foreign Direct Investment (FDI) in India – Review of FDI policy – definition for control and sector specific conditions - Circular - Dated 13-9-2013 - FEMA
Published on: Sep 13, 2013
RBI/2013-14/255 A.P. (DIR Series) Circular No. 44 September 13, 2013 To All Category - I Authorised Dealer Banks Madam/ Sir, Foreign Direct Investment (FDI) in India - Review of FDI policy - definition for control and sector specific conditions Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to Annex B of Schedule 1 to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified by the Reserve Bank vide Notification No. FEMA. 20/2000-RB dated 3rd May 2000, as amended from time to time whereby description of sectors/activities wherein the entry norms, sectoral cap and other conditions for sectors/activities in which FDI is permitted under Government ....... - .......