PIB Corner

Amendments in FDI Policy for Commercial Coal Mining

  • The Government of India had amended the Foreign Direct Investment (FDI) Policy, 2017 recently to allow 100 percent Foreign Direct Investment in coal mining activities including associated processing infrastructure.
  • Further, on 3rd August, 2020 the Union Government clarified in a statement that any Foreign Direct Investment (FDI) in commercial coal mining an entity of a country, which shares a land border with India or where the beneficial owner of investment into India is situated in or is a citizen of any such country, can invest only under the Government route.
  • In case ....
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PIB Corner