The Commerce and Industry Ministry will soon release the next edition of its consolidated FDI policy document, incorporating all the changes made over the past year, a senior official has said. The ministry official said the consolidated report is a compilation of the various decisions taken by the government in the past one year.
“It is expected to be released soon,” the official added. The Department of Industrial Policy and Promotion (DIPP), which deals with FDI related matters, compiles all policies related to foreign investment regime into a single document to make it simple and easy for investors to understand.
Investors would otherwise have to go through various press notes issued by the department and RBI regulations to understand the policy. The Government updates the policy every year. The whole exercise is aimed at providing investor friendly climate to foreign players and in turn attract more FDI to boost economic growth and create jobs.