Review of existing sectoral policy and sectoral equity cap for Foreign Direct Investment (FDI) / Non Resident Indian (NRI) / Overseas Corporate Bodies (OCB) Investment.
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FDI liberalisation expands sectoral access, removing caps, easing dividend controls and permitting full foreign ownership in key sectors. Government liberalises FDI by permitting full foreign ownership in e commerce (restricted to B2B and requiring divestment to Indian public if listed abroad), removing dividend balancing for specified consumer goods industries with immediate effect, eliminating the upper foreign equity limit for non atomic power projects under automatic approval, and allowing full foreign ownership in oil refining under the automatic route.
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FDI liberalisation expands sectoral access, removing caps, easing dividend controls and permitting full foreign ownership in key sectors.
Government liberalises FDI by permitting full foreign ownership in e commerce (restricted to B2B and requiring divestment to Indian public if listed abroad), removing dividend balancing for specified consumer goods industries with immediate effect, eliminating the upper foreign equity limit for non atomic power projects under automatic approval, and allowing full foreign ownership in oil refining under the automatic route.
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