Review of the policy on foreign direct investment in the Multi Brand Retail Trading Sector- amendment of paragraph 6.2.16.5(2) of 'Circular 1 of 2013-Consolidated FDI Policy'
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Foreign direct investment in multi brand retail now permitted in Karnataka under government approval route, effective immediately. The press note amends paragraph 6.2.16.5 of the Consolidated FDI Policy to add Karnataka to the list of States and Union Territories that have conveyed consent to implement the multi brand retail FDI policy; implementation remains subject to the government approval route and the amendment takes immediate effect.
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.
Foreign direct investment in multi brand retail now permitted in Karnataka under government approval route, effective immediately.
The press note amends paragraph 6.2.16.5 of the Consolidated FDI Policy to add Karnataka to the list of States and Union Territories that have conveyed consent to implement the multi brand retail FDI policy; implementation remains subject to the government approval route and the amendment takes immediate effect.
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