<h1>Transfer of FDI approval authority to administrative ministries under SOP imposes strict processing timelines and mandatory concurrence rules.</h1> Authority for approvals of foreign direct investment in notified sectors has been transferred to Administrative Ministries/Departments, with a prescribed Standard Operating Procedure requiring Competent Authorities to process complete proposals within specified timelines, seek Department of Industrial Policy and Promotion concurrence where rejection or additional conditions are proposed, and allow extended time where security comments from the Ministry of Home Affairs are required; the release also reported the number and departmental distribution of pending proposals.