<h1>India Revises FDI Policy: Finance Minister to Approve Proposals up to Rs.1200 Crore, CCEA for Higher Amounts.</h1> The Government of India has revised its policy on foreign direct investment (FDI) requiring prior approval. Proposals with foreign equity inflow up to Rs.1200 crore will be considered by the Finance Minister, while those exceeding this amount will be reviewed by the Cabinet Committee on Economic Affairs (CCEA). Previously, the threshold was Rs.600 crore. Companies may not need fresh approval for additional investment if their activities have shifted to the automatic route or sectoral caps have been removed, provided the total investment does not exceed the caps. This change aims to streamline the approval process for foreign investments.