Policy for Adequate Autonomy to Companies

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..... Policy for Adequate Autonomy to Companies
News and Press Release
Dated:- 27-2-2016

In its endeavour to ease the process for FDI applications, Government launched a new secured FIPB website namely http://fipb.gov.in in 2015. Website offers increased portfolio services to applicants in an efficient manner and also allows more transparent way of business to keep applicant informed on th .....

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..... e current status of their applications. The efforts of the Government have yielded results and FDI during 2014-15 is US $44,877 million as compared to US $36,046 million in 2013-14. To further boost the investment environment and to bring in foreign investments in the country, the Government has brought in FDI related reforms and liberalization. The salient measures are: * No approval required .....

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..... for eligible investment in Limited Liability Partnerships. * Special treatment applicable for investment by non-resident Indians on non-repatriation basis through companies, partnerships, trusts etc. * No approval required for foreign investment by way of share swap; new sectors opened up for foreign investment, including plantations, duty free shops and ownership in real estate for purposes o .....

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..... f leasing. * Foreign shareholding limits increased in many sector including broadcasting and airline services. * Investment in certain sectors including defence, broadcasting and airline services, now under automatic route. * Full fungibility for portfolio investment in private banking sector. * Conditions attached to FDI relaxed in certain sectors, including removal of restriction on e-co .....

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..... mmerce by manufacturers and removal of minimum land and capitalization requirement for construction development sector. Present FDI Policy and other Press Notes are available at DIPP website namely http://dipp.nic.in. This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha.
News - Press release - PIB .....

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