ANNOUNCEMENT 29 Sep 2011

In September 2011, the government of India announced changed rules for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Department of Commerce. (2011). ANAND SHARMA CHAIRS FIRST MEETING OF GOVERNMENT-INDUSTRY TASK FORCE REMOVES LIMITATIONS ON FDI IN CONSTRUCTION INDUSTRY FOR OLD AGE HOMES, EDUCATIONAL INSTITUTIONS EXPORT INCENTIVES TO BE ANNOUNCED BEFORE DIWALI. Available at http://commerce.nic.in/PressRelease/pressrelease_detail.asp?id=2834


Inception date: 29 Sep 2011 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 29 September 2011, the government of India announced a removal of certain limitations for foreign direct investment in the construction industry for old age homes and all educational institutions. With immediate effect, requirements for a lock-in-period and a minimum build up area were abolished.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
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