Tag: DEA

Ministries to decide on FDI proposals within 60 days: FinMin

The government has said post the abolition of the FIPB, Ministries will have to decide on FDI proposals within 60 days of the application and any rejection will need concurrence of the DIPP. India had, in May, scrapped the 25-year old foreign investment advisory body FIPB as it looks to attract m…