Why in news The Department for Promotion of Industry and Internal Trade (DPIIT) is considering a review of the restrictions on Foreign Di...
Why in news
The Department for Promotion of Industry and Internal Trade (DPIIT) is considering a review of the restrictions on Foreign Direct Investment (FDI) from China.
Stakeholder consultations are ongoing, and a final decision has not yet been made
Current Restrictions:
Press Note 3 (2020): Introduced restrictions on FDI from China and other countries with which India shares a land border.
Investments from these nations require government approval to prevent opportunistic takeovers.
The Economic Survey for 2023-24, suggests increasing FDI from China to boost Indian exports
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