Direct investment ceilings liberalisation in SAARC and Myanmar expands automatic route access for Indian investors under FEMA. The Reserve Bank of India has liberalised Indian direct investment by raising the ceiling for investment in Myanmar and SAARC countries (excluding Pakistan) under the automatic route and increasing the rupee-denominated investment ceiling for Nepal and Bhutan; implementing amendments to the Foreign Exchange Management Regulations will be issued separately and authorised dealers must inform constituents, the directions being issued under the statutory FEMA framework.