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China in Mind, Govt Tweaks FDI Policy to 'Discourage Opportunistic Investments' from Border Countries amid Covid-19 Pandemic

In order to ensure that foreign companies do not take advantage of the economic slowdown resulting from the global coronavirus pandemic, the central government on Saturday revised its Foreign Direct Investment (FDI) policy. According to the new policy, "an entity of a country that shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country can invest only under the government route".........Read more