Detailed guidelines on FDI on Feb 16

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Kamal Nath
New Delhi, Feb 13: The detailed guidelines for Foreign Direct Investment (FDI) policy will be issued by Government on Monday, Feb 16, Commerce and Industry Minister Kamal Nath said on Friday, Feb 13.

The Government on Feb 11 changed FDI policy excluding indirect investment through domestic company from overall sectoral ceilings.

"Detailed FDI guidelines will be issued on Feb 16," Nath said at the sidelines of FICCI annual general meeting.

The Cabinet Committee on Economic Affairs (CCEA) had approved the changes in the guidelines for calculation of the total foreign investment, direct and indirect in the Indian companies.


OneIndia News (With inputs from Agencies)

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