The Department of Industrial Policy and Promotion (DIPP), under
the Ministry of Commerce and Industry, has released the
Consolidated Foreign Direct Investment Policy (FDI Policy) for the
year 2017-18. The Policy incorporates the changes made over the
past year and will be effective from 28 August 2017
according to a press release by the Ministry.
The DIPP deals with matters relating to FDI in India and issues
the FDI Policy which is a compilation of various policy-related
decisions taken by the government since the release of the previous
policy on 7 June 2016, thus providing a consolidated policy for
readers.
During the last year, the government introduced various changes
in foreign investment related issues and liberalised investment in
several sectors. The key changes in the FDI Policy are: