Revision of existing sectoral guidelines and equity cap on Foreign Direct Investment (FDI), including investment by Non Resident Indians (NRIs) and Overseas Corporate Bodies (OCBs)
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FDI liberalisation in select sectors now permitted, subject to automatic or prior government approval and sectoral regulations. Revision permits FDI up to 100% in specified sectors subject to route and regulatory conditions: printing scientific and technical periodicals (with prior Government approval and applicable legal framework), petroleum product marketing (automatic route subject to sectoral policy), oil exploration in small and medium fields (automatic route under Government private participation policy), petroleum product pipelines (automatic route subject to policy and regulations), and Natural Gas/LNG pipelines (with prior Government approval); this modifies Press Note 2 of 2000 accordingly.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
FDI liberalisation in select sectors now permitted, subject to automatic or prior government approval and sectoral regulations.
Revision permits FDI up to 100% in specified sectors subject to route and regulatory conditions: printing scientific and technical periodicals (with prior Government approval and applicable legal framework), petroleum product marketing (automatic route subject to sectoral policy), oil exploration in small and medium fields (automatic route under Government private participation policy), petroleum product pipelines (automatic route subject to policy and regulations), and Natural Gas/LNG pipelines (with prior Government approval); this modifies Press Note 2 of 2000 accordingly.
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