Infrastructure sector definition expanded to list qualifying industries for foreign exchange borrowing and lending under amended regulations. Amendment replaces the 'Explanation' in Schedule I and Schedule II of the principal Regulations to define qualifying infrastructure sectors for foreign exchange borrowing and lending. The substituted Explanation enumerates Energy, Communication, Transport, Water and Sanitation, Mining (including exploration and refining), and Social and Commercial Infrastructure (including hospitals, specified hotel and convention projects, common industrial park/SEZ/tourism infrastructure, fertilizer capital projects, post-harvest storage and cold chain facilities, and soil testing laboratories), and preserves a residual provision permitting other sectors as prescribed by the regulator in consultation with the Government of India.
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Provisions expressly mentioned in the judgment/order text.
Infrastructure sector definition expanded to list qualifying industries for foreign exchange borrowing and lending under amended regulations.
Amendment replaces the 'Explanation' in Schedule I and Schedule II of the principal Regulations to define qualifying infrastructure sectors for foreign exchange borrowing and lending. The substituted Explanation enumerates Energy, Communication, Transport, Water and Sanitation, Mining (including exploration and refining), and Social and Commercial Infrastructure (including hospitals, specified hotel and convention projects, common industrial park/SEZ/tourism infrastructure, fertilizer capital projects, post-harvest storage and cold chain facilities, and soil testing laboratories), and preserves a residual provision permitting other sectors as prescribed by the regulator in consultation with the Government of India.
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