Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 7 2015 2015 (7) This

Inflow of FDI

31-7-2015
  • Contents

FDI policy as contained in Consolidated FDI Policy Circular 2014 on Insurance was revised vide Press Notes dated 02.03.2015. FDI received in Insurance sector after the amendment of the policy and corresponding figures of the preceding period is as under:

Sl. No.

Sector

Period

Amount (in US$ million)

Percentage change

1.

Insurance

March, 2015 to May, 2015

184.97

(+292.38%)

March, 2014 to May, 2014

47.14

 

Railway Infrastructure was opened to FDI vide Press Note dated 27.08.2014 and data on FDI inflows on this sector is not separately maintained.  FDI policy on Real Estate sector has not been revised recently.   

This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.

Quick Updates:Latest Updates