Govt releases consolidated FDI policy document; replaces countries of concern with land border

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New Delhi: The government on Wednesday released the consolidated foreign direct investment (FDI) policy document for 2020, after a three year gap, incorporating all the changes made in the policy recently. The consolidated policy is a compilation of various decisions taken by the government with regard to FDI in different sectors. The Department for Promotion … Read more

Tender need not be scrapped, if qualified bids not from countries sharing a land border with India: Government

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The government has said if the qualified bids are not from countries sharing a land border with India post first qualificatory stage, then the tender need not be scrapped. India had on Thursday issued an order imposing restrictions on procurement from China, amid heightened tensions at the border. The order had stated that if the … Read more