https://www.taxtmi.com/news?id=1002 Approval creates Invest India as a Section 25 non profit joint venture to promote and facilitate FDI, with a Board equally representing the Department of Industrial Policy and Promotion and the industry partner, a DIPP non executive Chair, an appointed Managing Director, and administrative support from the private partner. Initial equity and funding arrangements provide majority private participation with phased reduction of the Central share and equity induction by State Governments; DIPP's contribution will be funded from its investment promotion scheme. en-us Thu, 10 Sep 2009 22:33:07 +0530 Thu, 10 Sep 2009 22:33:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1002 Approval creates Invest India as a Section 25 non profit joint venture to promote and facilitate FDI, with a Board equally representing the Department of Industrial Policy and Promotion and the industry partner, a DIPP non executive Chair, an appointed Managing Director, and administrative support from the private partner. Initial equity and funding arrangements provide majority private participation with phased reduction of the Central share and equity induction by State Governments; DIPP's contribution will be funded from its investment promotion scheme. News - Thu, 10 Sep 2009 22:33:07 +0530 https://www.taxtmi.com/news?id=1002