The government is considering raising the threshold for FDI proposals requiring Cabinet Committee on Economic Affairs (CCEA) approval from ₹5,000 crore to ₹15,000 crore, sources said. The move aims to improve the investment climate and ease doing business, given inflation and growing investment scales. The proposal is at a discussion stage, and the government is also considering easing downstream investment norms.
Govt mulls raising FDI approval threshold to ₹15,000 crore
Source: Mint