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NEW CONSOLIDATED FDI POLICY ANNOUNCED

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....EW CONSOLIDATED FDI POLICY ANNOUNCED <br>News and Press Release<br>Dated:- 3-4-2010<br><BR>NEW CONSOLIDATED FDI POLICY ANNOUNCED Department of Industrial Policy and Promotion, Ministry of Commerce an....

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....d Industry, Government of India has issued a new consolidated FDI Policy framework, that would now constitute a single document on FDI policy and mark the inception of a whole new chapter on FDI in In....

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....dia. The policy will be effective from April 1, 2010. From now onwards, a consolidated policy document would be issued at the end of every six months, which will substitute the existing policy. The n....

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....ew policy document will supersede all Prior Policies/ Regulations on FDI which are contained in Foreign Exchange Management Act (FEMA), 1999, RBI Regulations under FEMA, 1999 and Press Notes/ Press Re....

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....leases/ Clarifications issued by DIPP and reflects the current 'Policy framework' on FDI. All earlier Press Notes/ Press Releases/ Clarifications on FDI issued by DIPP which were in force and effectiv....

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....e as on March 31, 2010 stand rescinded as on March 31, 2010. Consolidated FDI Policy<BR> News - Press release - PIB....