Project export cash surplus may be invested in monitored short-term overseas instruments after authorised verification of contractual project genuineness.

Project export receipts and payments may be permitted by an Authorised Dealer under the underlying contract after verification of the project's genuineness. A project exporter may, subject to Authorised Dealer monitoring, deploy temporary cash surplus generated outside India from project exports in overseas short-term instruments having an original or residual maturity of not more than one year, including treasury bills and bank deposits.

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