RBI has issued a circular dated 28th June 2012 wherein it has made some changes in the FDI policy in the form of bringing in uniformity in sector classification in the FDI. A Copy of the said circular can be found here
The Annex A and B of Schedule I is the most important document of the FDI Policy as it gives the sectoral classification. I would have thought the RBI should have been more specific while issuing circulars and given exact changes made in the FDI policy.
The Annex A and B of Schedule I is the most important document of the FDI Policy as it gives the sectoral classification. I would have thought the RBI should have been more specific while issuing circulars and given exact changes made in the FDI policy.
