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Review of the investment limit for cases requiring prior approval of the Foreign Investment Promotion Board (FIPB)

Dated:- 7-5-2015 - The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the proposal of Department of Industrial Policy & Promotion to / Cabinet Committee on Economic Affairs (CCEA), as provided in the Consolidated FDI Policy Circular effective from April 17, 2014. Amended provisions in this regard are as under: (a) The Minister of Finance who is in-charge of FIPB would consider the recommendations of FIPB on proposals with total foreign e .....

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