Announcement
10 Apr 2012
The Consolidated FDI policy statement for 2012 included the following announcements:
Source
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Number of interventions
2
1 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
10 Jan 2012
Revocation date:
No revocation date
Announced: 10 Apr 2012
FDI: Entry and ownership rule
In force
At present, conversion to equity is permitted for import of capital goods/ machinery/ equipment (including second-hand machinery). It has been represented before Government that the Indian capital goo...
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Implementation date
10 Jan 2012
Revocation date:
No revocation date
Announced: 10 Apr 2012
FDI: Entry and ownership rule
In force
FDI in Commodity Exchange: Investments by FIIs in commodity exchanges will no longer require Government approval.
The Circular clarifies that FDI in the activity of "leasing and finance" by Non-Banki...
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