India And (Un) Restricted Foreign Direct Investments In Recent Times

Introduction

The last two years witnessed a remarkably high activity in the overhaul of India's regulatory framework. Efforts by the government have been increasingly aimed at improvements in the country's Ease of Doing Business ranking and towards increasing investor confidence by striving towards resolution of various legal issues faced by businesses, and simultaneously ensuring certainty in the government's approach. The government in all its endeavours towards making India a global growth engine has laid specific and considerable focus on Foreign Direct Investment (FDI) in the country.

Concerted efforts towards the liberalisation of India's Foreign Direct Investment Policy (FDI Policy) saw a significant increase (of 18%) in FDI in 2016. In 2016, the government seems to have focussed its efforts regarding the liberalisation of the FDI Policy with a view to reduce regulatory supervision and the consequent removal of restrictions on direct foreign investments