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of <h1>India Raises Foreign Investment Cap in Government Debt by $5 Billion for FIIs, Auctions Set for Unused Quota.</h1> The Government of India has increased the foreign investment limit in government debt by USD 5 billion, approximately INR 29,137 crore. This enhanced limit is exclusively available to Foreign Institutional Investors (FIIs) registered with SEBI under specific categories, including Sovereign Wealth Funds and Foreign Central Banks. The additional USD 5 billion, along with an unutilized limit of INR 29,812 crore, will be available for immediate investment. Unutilized amounts by June 18, 2013, will be auctioned on June 20, 2013, with monthly auctions thereafter. A special window allows FIIs to invest up to USD 250 million, subject to a 90-day lock-in period.
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