The foreign investment promotion board is a national agency of Government of India

The foreign investment promotion board fipb is a national agency of Government of India with the limits to consider the recommended foreign indirect investment which does not comes under the automatic route.

IT act as a single window clearance for the proposal of foreign direct investment in India.

The foreign investment promotion board so ads housing in the department of economic affairs Ministry of the finance a v p we will be abolished in the financial year 2017-18 has announced by the financial minister Arun Jaitley during 2017 and 2018 budget speech in the Lok Sabha.

The process in a significant modem to expand it flows of the foreign investment into the country the Union Cabinet civilized this FDI policy for the for the allowing this app ipb to clear proposal from the versus out legion entities what's up to 31 billions to the existing limits of 12 billions.

The recommendations of the fipb for the proposal app to the 30 billions over approved for the ministry of the finance and the recommendation for the proposal of this more than 30000 crore need to be approved for the cabinet committee on economic affairs.

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