reduce the time frame for consideration of FDI proposals to thirty (30) days from six weeks

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Full Text of the Document

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....og Bhawan, New Delhi, the 19th March,1999. As per guideline No.2 of the Guidelines for the consideration of Foreign Direct Investment (FDI) proposals by the Foreign Investment Promotion Board (FIPB) as notified vide Press Note No.3 (1997 series), proposals for FDI should be considered by the Board keeping in view the time-frame of six weeks for communicating government decision (i.e., approv....