The Cabinet meeting held on 28th Magh had decided to remove the upper limit on foreign investment through the automatic route. With the publication of a notice in the Gazette on 4th Falgun, the limit on FDI approved through the automatic route in designated areas has now been removed.
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The limit on foreign direct investment (FDI) approved through the automatic route has been removed. With the publication of a notification in the Gazette on 4 February, the limit on FDI approved through the automatic route in specified sectors has now been removed. Earlier, FDI was approved only up to a total capital of Rs 500 million through the automatic route.
