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Description
On 3 June 2014, the Reserve Bank of India (RBI) increased the total amount of remittances allowed to be sent abroad by individuals with residency in India under the Libearalized Remittance Scheme (LRS...
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Intervention Details
Intervention Type
Controls on commercial transactions and investment instruments
MAST Chapter
Capital control measures
Implementation date
03 Jun 2013
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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