Introduction Formed in year 1991 Regulated by many departments and ministries over time Main aim was to boost up Foreign investments in India Board works as a single window clearance for Investment proposals (Government route)
India Investment Routes in India
Inflow of Fdi APPlications
Less restricted More Liberalised No prior approval required Covers sectors except 11 sectors still requiring Govt. approval Automatic route
Also known as “Approval route” Term “Government” means authorised entities for granting approvals Covers many automatic routes too Before abolishment all applications regarding Investments through government route was considered by FIPB I t will be consider by DIPP after abolishment Government route
Abolishment of FIPB
Why getting abolished?
Post abolition
India will be more Investment friendly Doing business in India will become more attractive Encouraging signal for investors Delays for approval will be reduced Economic growth will be thr New SOP will shorten the process of FDI proposals conclusion