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Review of Foreign Direct Investment (FDI) policy on Petroleum & Natural Gas Sector - FEMA - Press Note No. 3 (2021 Series)

Extract

..... Government of India Ministry of Commerce & Industry Department for Promotion of Industry and Internal Trade FDI Policy Section Press Note No. 3 (2021 Series) Subject: Review of Foreign Direct Investment (FDI) policy on Petroleum & Natural Gas Sector. The Government of India has reviewed the extant FDI policy on Petroleum & Natural Gas sector and has made the following amendment in the Consolidated FDI Policy Circular of 2020, as amended from time to time (FDI Policy): 2. A new Para 5 .....

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