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Review of the investment limit for cases requiring prior approval of the Foreign Investment Promotion Board (FIPB)/ Cabinet Committee on Economic Affairs (CCEA)

FEMA - Press Note No. 6 (2015 Series) - Dated:- 3-6-2015 - Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion Press Note No. 6 (2015 Series) Subject: 1.0 Present Position: 1.1 Paragraph 5.2 of 'Consolidated FDI Policy Circular of 2015', effective from May 12, 2015, relating to levels of approvals for cases under Government route, presently reads as below: 5.2 Levels of Approvals for Cases under Government Route 5.2.1 The Minister of Fi .....

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on: 2.1 The Government of India has reviewed the position in this regard and decided to revise the investment limit for cases requiring prior approval of the Foreign Investment Promotion Board (FIPB)/ Cabinet Committee on Economic Affairs (CCEA). 3.0 Amendment to paragraph 5.2: 3.1 Accordingly, Para 5.2 of 'Consolidated FDI Policy Circular of 2015', effective from May 12, 2015, is amended, as below: 5.2 Levels of Approvals for Cases under Government Route 5.2.1 The Minister of Finance wh .....

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