BCP · BANKINGCOMPL

Foreign Investment in India

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Q

Which government body regulates foreign investment in India under the Foreign Exchange Management Act?

A

The Reserve Bank of India (RBI) regulates foreign investment in India under FEMA 1999, with policy oversight provided by the Department for Promotion of Industry and Internal Trade (DPIIT).

Q

What is the full form of FEMA in the context of Indian foreign investment law?

A

Foreign Exchange Management Act, enacted in 1999.

Q

What is the difference between Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI)?

A

FDI involves a lasting interest and significant influence in an enterprise (typically 10% or more equity), while FPI involves investment in securities (stocks, bonds) without management control, generally below 10% stake.

Q

Which ministry administers India's FDI policy in coordination with the Reserve Bank of India?

A

Ministry of Finance and Ministry of Commerce and Industry.

Q

Under which route can foreign investors invest in Indian companies without prior government approval?

A

Foreign investors can invest under the Automatic Route without prior RBI or government approval, subject to sectoral caps and conditions prescribed in the FDI policy.

Q

What is the Automatic Route for FDI in India?

A

FDI allowed without prior RBI or government approval.

Q

What is the Government Route for FDI in India?

A

The Government Route requires prior approval from the Foreign Investment Facilitation Portal (FIFP) administered by DPIIT before making investments in sectors where automatic route is not available.

Q

What instrument does the Indian government use to announce changes in FDI sectoral policy?

A

Press Notes issued by the Department for Promotion of Industry.

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