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Prohibition on foreign investment in lottery business, gambling and betting - regarding

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Full Text of the Document

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....g policy, lottery business, gambling and betting are not open to foreign investment, which applies to FDI, FII portfolio investment, NRI/OCB portfolio investment, NRI/OCB investment on non-repatriation basis and investment by foreign venture capital investors. 2. Government has been receiving queries from certain State Governments, prospective investors, technology providers, franchise / trademar....

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