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PRESS INFORMATION BUREAU: Radical changes in FDI policy regime; most sectors on automatic route for FDI:

With the objective of providing major impetus to employment and job creation in India, The Union Government has radically liberalized the FDI regime. Accordingly the Government has decided to introduce a number of amendments in the FDI Policy. Changes introduced in the policy include increase in sectoral caps, bringing more activities under automatic route and easing of conditionalities for foreign Investment.

The said Press Release can be accessed at the following link: Major impetus to job creation and infrastructure_ Radical changes in FDI policy regime; Most sectors on automatic route for FDI

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