Economy · India
Government May Raise FDI Approval Threshold to Rs 15,000 Crore
The Indian government is reportedly considering a significant increase in the approval threshold for Foreign Direct Investment (FDI) proposals. Sources indicate the limit could be raised to Rs 15,000 crore, a substantial jump from the current Rs 5,000 crore limit established in November 2015. This potential change aims to attract larger overseas investments and streamline the approval process. Modifications to downstream investment rules are also under consideration.
How outlets across the spectrum covered it
Left 0 · Centre 2 · Right 0 n = 2
- Centre (2 votes, 3 outlets): The Economic Times · The Times of India (Times Group — 1 vote), The Hindu BusinessLine