Home | MyGov

Accessibility
Accessibility Tools
Color Adjustment
Text Size
Navigation Adjustment
Screen Reader iconScreen Reader

Mapping of the FDI Policy Paras with NIC Code 2008

Mapping of the FDI Policy Paras with NIC Code 2008
Start Date :
Nov 12, 2015
Last Date :
Dec 01, 2015
00:00 AM IST (GMT +5.30 Hrs)
Submission Closed

Government of India has put in place a liberal policy for Foreign Direct Investment (FDI) under which FDI up to 100% is permitted through the automatic route in most of the ...

Government of India has put in place a liberal policy for Foreign Direct Investment (FDI) under which FDI up to 100% is permitted through the automatic route in most of the sectors/ activities but some sectors require prior Government approval for infusing FDI with sector specific conditions. In the last one year Department of Industrial Policy & Promotion (DIPP) embarked upon a number of initiatives with the objective of improving ease of doing business and simplifying the investment process. Further, in this regard, the DIPP has now initiated an exercise for preparation of identifying applicability of the FDI Policy para as per each identified activity provided in National Industrial Classification Code 2008 to provide greater clarity and simplicity to foreign investors. Under this exercise codification had been started off with the NIC-2008 code book indicating against each entry as to whether FDI is allowed therein, and if so, it is on Automatic or Approval route along with Para no. of FDI policy.

A draft list prepared in this regard by DIPP is as under. The comments and suggestions from the stakeholders/ investors are welcome for the improvement, if any, latest by 30th November, 2015.

Discussion Paper on Mapping of the FDI Policy Paras with NIC Code 2008

Reset
Showing 400 Submission(s)
shantonu roy
shantonu roy 10 years 7 months ago
Benefits of FDIshould go directly to poor farmers.Few suggestions: 1. solar powered cold storage facilities in pilot scale for tomato and other perishable vegetables. 2. Solar powered RO plant for places where clean water is not available. 3. Digitizing the crop yield data and syncing it with FCI officials for better management. 3. Improvement of post harvesting management machinery.a lot of food is getting spoiled in food storage go-downs. 4.Bring market direct to farmers to kill middleman
pulkit sharma_9
pulkit sharma_9 10 years 7 months ago
FDI is necessary but we should also focus at the profit margin of the foreign investing company, it should be like the total outgoing money from india should be less than the investment done by the foreign company and one more option, instead of using FDI more we can focus on the entrepreneurs of our country as we can first train them under skill india programme and than we can form a teams of entrepreneurs for different - different projects which woll create jobs for young indian youth.continue
Aditya_179
Aditya_179 10 years 7 months ago
sir I think that we should not privatize Indian Railways, but let private Railways run on the same track let the private Railways compete with our sector railway service. it will definitely provide strong competitive environment for Railways to improve their facilities and such a strong market oriented competition will bring down the fuse as well.
Karan Hariyani
Karan Hariyani 10 years 7 months ago
In FDI policy for education sector, we can invite the foreign famous institutes like MIT, Oxford, Cambridge, Howard, etc. They will invest in India for the purpose of teaching. We will provide best environment and of course best talented students. From this, India's middle class students and poor class students who are huge talented, they can study in premier institute in less cost and institute can get business. This can only possible if we provide great platform. I hope you will think about it
Karan Hariyani
Karan Hariyani 10 years 7 months ago
Respected sir, In India, recently you have announced different missions like Make in India, Digital India, and for youth development Skill India. For all this, we must have necessity educated people for success. But in India's greatest institutes like IITs, IIMs, IIITs, and other famous institutes are very costly for study. The middle class and poor class talented students can't study there. Can't we use FDI policy for education sector ? In this, we can invite the foreign institutes in India.