“It is under process. The DEA will have to do their internal consultations and discussions with our agencies and then they will come up with the notification.” joint secretary in Department for Promotion of Industry and Internal Trade (DPIIT) Jai Prakash Shivhare said. On March 10 the government had announced easing the process for approval of investments from countries sharing land borders with India – China, Pakistan, Bangladesh, Nepal, Myanmar, Bhutan and Afghanistan. Shift in FDI Strategy While DPIIT’s Press Note 2 (2026) announced the changes, the DEA must amend the Foreign Exchange Management Act (Non-debt Instruments) Rules through a…
News Timeline:
Track the development of this news story across the Internet.