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TMI BlogReview of the Foreign Direct Investment policy - permitting investments from Pakistan.X X X X Extracts X X X X X X X X Extracts X X X X ..... Review of the Foreign Direct Investment policy - permitting investments from Pakistan. X X X X Extracts X X X X X X X X Extracts X X X X ..... m a citizen of Pakistan or an entity incorporated in Pakistan is not permitted. 2.0 Revised Position: 2.1 The Government of India has reviewed the policy, as contained in paragraph 3.1.1 of the circular ibid and decided to permit a citizen of Pakistan or an entity incorporated in Pakistan to make investments in India, under the Government route, in sectors/activities other than defence, space ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and atomic energy. 3.0 Amendment to paragraph 3.1.1: 3.1 Accordingly, Paragraph 3.1.1 of Circular 1 of 2012- Consolidated FDI Policy', effective from 10.4.2012, is amended to read as below: "3.1.1 A non-resident entity can invest in India, subject to the FOI Policy. A citizen of Bangladesh or an entity incorporated in Bangladesh can invest only under the Government route. A citizen of Pakistan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or an entity incorporated in Pakistan can invest, only under the Government route, in sectors/activities other than defence, space and atomic energy."
4.0 The above decision will take immediate effect.
Dept. of Industrial Policy & Promotion, Ministry of Commerce & Industry
New Delhi: August 1, 2012
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