August 28, 2017
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Consolidated FDI policy updates framework: entry routes, composite sectoral caps, instruments, procedures and reporting requirements.
The Consolidated FDI Policy (effective 28 August 2017) creates a unified regulatory framework defining eligible investors and investee entities, permissible instruments, two entry routes (Automatic and Government), sectoral caps counted on a composite direct-and-indirect basis, and detailed procedural, valuation, reporting and compliance requirements (Forms FC-GPR/FC-TRS, escrow, KYC). It lists prohibited sectors, specifies sector-specific caps and conditionalities (including security clearances and minimum capitalization), and prescribes competence, e-filing, monitoring and annexures to operationalize approvals, transfers, downstream investment calculations and violations reporting.