In furtherance of its objective of attracting more foreign direct investment ("FDI") and providing further impetus to “ease of doing business in India” and “make in India” schemes, the Union Government has, vide a Press Release dated August 28, 2019 ("Press Release"), announced the further opening up of and significant relaxation in norms with respect to four sectors (as summarized below) thereby radically liberalizing the FDI regime in India and at the same time boosting up the investment, employment and prospective economic growth.
Further Liberalization of FDI Policy
Updated: Jan 18, 2022
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