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  • FDI equity inflow improves, crosses $18 billion

    Published on December 17, 2010

    During the present calendar year (i.e. between January-October, 2010), FDI equity inflows of US $ 17.37 billion have been received.   During the first seven months of the present financial year, 2010-11 (i.e. during April-October, 2010), US $ 12.40 billion have been received.  During the financial year 2009-10, FDI equity inflows of US $ 25.89 billion were received.

    Government undertook a major exercise on consolidation of all existing regulations on FDI, with the aim of integration of all such regulations, contained in FEMA, RBI Circulars, various Press Notes etc., into one consolidated document, so as to reflect the current regulatory framework. The final document in this regard was released on 31 March, 2010. Such consolidation would ensure that all information on FDI policy is available at one place, which is expected to lead to simplification of the policy, greater clarity and understanding of foreign investment rules among foreign investors and sectoral regulators, as also predictability of policy.   It was decided that the consolidated circular would be issued every six months to ensure that FDI policy is kept updated.

    It was decided to commence stakeholder discussions on various important issues under FDI Policy. In this regard, five Discussion Papers were released by the Department of Industrial Policy & Promotion, on various aspects of FDI policy, for comments. These Discussion papers were on Foreign Direct Investment (FDI) in the Defence sector, FDI in Multi-Brand Retail Trading, Approval of foreign/ technical collaborations in case of existing ventures/ tie-ups in India, Issue of shares for considerations other than cash and Foreign Direct Investment in Limited Liability Partnerships. The consultation process has been completed in all cases.

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