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    <title>FDI Equity Inflows Touches US $ 4.664 Billion for Month of May 2011 Second highest FDI Equity Inflow Received in any Month for the Last Eleven Financial Years.</title>
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    <description>The FDI policy has been consolidated and liberalised to simplify rules and ease regulatory burden: higher thresholds and exemptions reduce cases needing prior Government approval; FDI into LLPs is permitted subject to conditions; downstream investment through internal accruals is allowed; pricing of convertible instruments can use a formula; shares may be issued for specified non cash considerations; and prior approval requirements for new joint ventures in the same field have been removed, collectively intended to expedite inflows.</description>
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