ANNOUNCEMENT 02 Mar 2015

In March 2015, the government of India announced changed rules for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Press note no.3(2015 series)
http://dipp.nic.in/English/acts_rules/Press_Notes/pn3_2015.pdf


Inception date: 02 Mar 2015 | Removal date: open ended

FDI: Entry and ownership rule

 On 2 March 2015, India increased the FDI limit in the insurance sector from 26% to 49%. This is a cumulative investment limit i.e. the total investment by all class of foreign investors cannot be more than 49%. Additionaly, investment up to 26% are allowed under the automatic route i.e. no approval is required while investments beyond 26% and up to 49% will require such prior approval.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A