Government Sets Up Panel To Vet Chinese Foreign Investment Proposals


Source: inc42.com inc42.com

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Government Sets Up Panel To Vet Chinese Foreign Investment Proposals Share story 01 Oct'20 2 min read Share story The panel is to be headed by the Union home secretary and has the DPIIT secretary as a member The government had revised the FDI policy to curb opportunistic takeovers or acquisitions of Indian companies Between 2014 to 2019 the total capital inflow by China-based investors in Indian startups was over $27 Bn In the backdrop of an intense standoff between Indian and Chinese armies along the eastern border, it has been learnt that the Indian government has set up a...