<h1>India Unveils New Consolidated FDI Policy Framework, Replacing Previous Regulations; Effective April 1, 2010.</h1> The Department of Industrial Policy and Promotion, under India's Ministry of Commerce and Industry, has introduced a new consolidated Foreign Direct Investment (FDI) Policy framework. Effective April 1, 2010, this framework will serve as a single document for FDI policy, replacing previous regulations under the Foreign Exchange Management Act (FEMA) of 1999, RBI regulations, and various press notes and releases. The policy will be updated biannually, with all prior FDI-related documents rescinded as of March 31, 2010, marking a significant shift in India's approach to FDI regulation.