Proposed Majour Amendments In FDI Policy: Budget 2016

I. Foreign Direct Investment (FDI) through Automatic route.

  • 49% in Insurance and Pension Sectors
  • 100% in Asset Reconstruction Companies

II. 100% FDI will be allowed through FIPB route in marketing of food products produced and manufactured in India

III. Investment limit for foreign entities in Indian stock exchanges will be enhanced from 5 to 15% on par with domestic institutions

IV. The existing 24% limit for investment by FPIs in Central Public Sector Enterprises, other than Banks, listed in stock exchanges, will be increased to 49% to obviate the need for prior approval of Government for increasing the FPI investment.

Proposed Majour Amendments In FDI Policy: Budget 2016

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