Government has put in place an investor-friendly policy on FDI, under which FDI, upto 100%, is permitted on the automatic route, in Floriculture, Horticulture, Development of Seeds, Animal Husbandry, Pisciculture, Aquaculture and Cultivation of Vegetables & Mushrooms under controlled conditions and services related to agro and allied sectors subject to certain conditions. Besides the above, FDI is not allowed in any other agricultural sector/activity.
This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question raised in Lok Sabha today. Foreign direct investment allowed in specified agro and allied sectors on automatic route, subject to conditions. Policy permits FDI up to 100% on the automatic route in specified agro and allied activities-floriculture, horticulture, seed development, animal husbandry, pisciculture, aquaculture, controlled cultivation of vegetables and mushrooms-and services related to agro and allied sectors, subject to prescribed conditions; FDI is not allowed in other agricultural activities.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign direct investment allowed in specified agro and allied sectors on automatic route, subject to conditions.
Policy permits FDI up to 100% on the automatic route in specified agro and allied activities-floriculture, horticulture, seed development, animal husbandry, pisciculture, aquaculture, controlled cultivation of vegetables and mushrooms-and services related to agro and allied sectors, subject to prescribed conditions; FDI is not allowed in other agricultural activities.
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