Govt. Issues Draft On FDI Policy

Government today released the first draft to consolidate and simplify Foreign Direct Investment Policy.

Releasing the policy in New Delhi, the commerce minister Anand Sharma said that with all the 177 press notes issued, the policy have been consolidated for better understanding of the investors and stake-holders.

He said the first round of consolidation of the draft policy will be over by Jan. 31, 2010 and the final policy after due consultations will be complete by Mar. 31, 2010.