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What is meant by 'Government Route' and what are the various levels of approvals under Government Route?

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posted Aug 1 by anonymous

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Government route’ means that investment in the capital of resident entities by non-resident entities can be made only with the prior approval of Government (FIPB, Department of Economic Affairs (DEA), Ministry of Finance or Department of Industrial Policy & Promotion, as the case may be).

levels of approvals

  • The Minister of Finance who is in charge of FIPB would consider the recommendations of FIPB on proposals with total foreign equity inflow of and below INR 5000 crore.
  • The recommendations of FIPB on proposals with total foreign equity inflow of more than INR 5000 crore would be placed for consideration of Cabinet Committee on Economic Affairs (CCEA).
  • The CCEA would also consider the proposals which may be referred to it by the FIPB/the Minister of Finance (in charge of FIPB).
answer Aug 4 by Deepak Jangid
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