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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>India Simplifies FDI Approval: Finance Minister to Review Proposals up to Rs. 1200 Crore; CCEA for Larger Amounts.</h1> The Government of India has revised the approval process for foreign direct investment (FDI) under the Government route. Proposals with foreign equity inflow up to Rs. 1200 crore will be considered by the Minister of Finance, while those exceeding this amount will be reviewed by the Cabinet Committee on Economic Affairs (CCEA). Companies no longer require fresh approval for additional foreign investments if their activities have moved to the automatic route or if sectoral caps have been removed, provided the total investment remains within sectoral limits. This change aims to streamline the approval process for foreign investments.
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