OP-EDS

FDI policy: 'Bringing clarity to press-note 3 is a step in right direction'

Jan-2022 Recent media reports suggest that the Department for Promotion of Industry and Internal Trade (DPIIT) is working on bringing clarity to the provisions of the press-note 3, an amendment to the FDI Policy made in April 2020. Nearly two years after the press-note 3 was enacted, it indeed a step in the right direction to introspect and resolve the unintended impact of the press-note.

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