Annexure A - List of Activities for which requires prior approal or for which FDI is prohibited

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..... eded vide New Regulations New Regulations of 2017 8 [Annexure A Sectors Prohibited for FDI FDI is prohibited in: (a) Lottery Business including Government/ private lottery, online lotteries, etc. (b) Gambling and Betting including casinos etc. (c) Chit funds (d) Nidhi company (e) Trading in Transferable Development Rights (TDRs) (f) Real Estate Business or Construction of Farm Houses (g)Manufactur .....

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..... Financial Services Sector 3. Civil Aviation 4. Petroleum including exploration/refinery/marketing 5. Housing Real Estate Development sector for investment from persons other than NRIs/OCBs. 6. Venture Capital Fund Venture Capital Company 7. Investing companies in Infrasturcture Service Sector 8. Atomic Energy related projects 9. Defence and strategic industries 10. Agriculture (including plantati .....

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..... s, Domestic Airlines vide Notification No. 130/2005 dated 17/3/2005 3 Added vide Notification No.130/2005 dated 17/3/2005 4 Has been inserted vide Notification No. 149/2006 dated 9/6/2006 5 Omitted vide Notification No. FEMA 229/2012-RB Dated 23-4-2012 , before it was read as:- (A) All Activities/Sectors would require prior approval of the Government of India for FDI in the following circumstances .....

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..... 2 of schedule 1) 5 [*** ] 6 [(B) Sectors prohibited for FDI i. Retail Trading (except single brand product retailing); ii. Lottery Business including Government/private lottery, online lotteries etc.; iii. Gambling and Betting including casinos etc.; iv. Chit funds; v. Nidhi Company; vi. Trading in Transferable Development Rights (TDRs); vii. Real Estate Business or Construction of Farm Houses; v .....

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..... hi company (e) Trading in Transferable Development Rights (TDRs) (f) Real Estate Business or Construction of Farm Houses (g) Manufacturing of Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes (h) Activities/sectors not open to private sector investment e.g. Atomic Energy and Railway Transport (other than Mass Rapid Transport Systems). Note: Foreign technology collab .....

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