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of <h1>India's 2017 FDI Policy: Guidelines for Foreign Investment, Roles, and Sector Conditions for Economic Growth.</h1> The Consolidated FDI Policy Circular of 2017, effective from August 28, 2017, outlines India's guidelines for Foreign Direct Investment (FDI). The policy aims to attract foreign investment to supplement domestic capital, technology, and skills for economic growth. It establishes a transparent and predictable framework, updated annually to reflect regulatory changes. The policy distinguishes between direct investment, which involves a lasting interest in an enterprise, and portfolio investment. It specifies procedures for FDI, including the roles of the Reserve Bank of India and the Department of Industrial Policy and Promotion. The document also defines various terms related to FDI and outlines conditions for investment in different sectors.
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