LIBERALISATION OF FDI IN SINGLE-RETAIL , MULTI-BRAND RETAIL , CIVIL AVIATION, POWER EXCHANGES , BROADCASTINGS

UPTO 1OO% FDI IS ALLOWED UNDER SINGLE-BRAND RETAIL TRADING

UPTO 51% FDI IS ALLOWED UNDER MULTI-BRAND RETAIL TRADING

UPTO 49% FDI IS ALLOWED IN  CIVIL AVIAITION

UPTO 49% FDI IS ALLOWED   in Power Exchanges

UPTO 49% FDI IS ALLOWED IN  BROADCASTING CARRIAGE SERVICES UNDER AUTOMATIC ROUTE AND FROM 49% TO 74% UNDER GOVERNMENT APPROVAL ROUTE

Liberalisation under FEMA is now announced by the Govement

a) FDI up to 100 per cent is now permitted in Single–Brand Product Retail Trading by only one non-resident entity, whether owner of the brand or otherwise, under the Government route subject to the terms and conditions as stipulated in Press Note No. 4 (2012 Series) dated September 20, 2012 issued by the Department of Industrial Policy & Promotion, Ministry of Commerce & Industry, Government of India.

b) FDI up to 51 per cent is now permitted in Multi-Brand Retail Trading under the Government route, subject to the terms and conditions as stipulated in Press Note No. 5 (2012 Series) dated September 20, 2012 issued by the Department of Industrial Policy & Promotion, Ministry of Commerce & Industry, Government of India.

c) Foreign airlines are permitted FDI up to 49% in the capital of Indian companies in Civil Aviation Sector, operating scheduled and non-scheduled air transport, under the automatic/Government route subject to the terms and conditions as stipulated in Press Note No. 6 (2012 Series) dated September 20, 2012 issued by the Department of Industrial Policy & Promotion, Ministry of Commerce & Industry, Government of India.

d) FDI limits in companies engaged in providing Broadcasting Carriage Services under the automatic/Government route have been reviewed and the same would be subject to the terms and conditions as stipulated in Press Note No. 7 (2012 Series) dated September 20, 2012 issued by the Department of Industrial Policy & Promotion, Ministry of Commerce & Industry, Government of India.

e) FDI up to 49% is permitted in Power Exchanges registered under the Central Electricity Regulatory Commission (Power Market) Regulations, 2010, under the Government route, subject to the terms and conditions as stipulated in Press Note No. 8 (2012 Series) dated September 20, 2012 issued by the Department of Industrial Policy & Promotion, Ministry of Commerce & Industry, Government of India.

 

Ref: RBI/2012-13/217 -A. P. (DIR Series) Circular No. 32 dated September 21, 2012