• Home
  • Partner with us
  • Contact Us
  • Privacy Policy
Saturday, January 16, 2021
  • Login
Google Trending News
  • Business
  • Education
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Sports
  • Tech
  • World
  • Press Release
No Result
View All Result
Google Trending News
No Result
View All Result
Home News

Government Nod Needed For Companies From Nations Sharing Borders With India

by admin
August 4, 2020
in News
0
492
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

 

Image for representation only.

Picture for illustration solely.

Additional, a citizen of Pakistan or an entity included in Pakistan can make investments solely beneath the federal government route in sectors/actions aside from defence, house, atomic power and sectors/actions prohibited for international funding, the assertion mentioned.

  • PTI New Delhi
  • Final Up to date: August 3, 2020, 9:14 PM IST

The Centre on Monday clarified that any international direct funding (FDI) in business coal mining from an entity of a rustic that shares land border with India might be allowed solely after authorities approval.

“That is just about the continuing public sale means of coal mines for business coal mining…It’s additional clarified that any FDI (international direct funding) within the business coal mining is topic to relevant legal guidelines together with the Press Word Three of 2020 issued by the Central Authorities….,” the coal ministry mentioned in a press release.

In keeping with the Press Word Three of 2020, ‘an entity of a rustic, which shares land border with India or the place the useful proprietor of an funding into India is located in or is a citizen of any such nation, can make investments solely beneath the Authorities route’, it added.

Additional, a citizen of Pakistan or an entity included in Pakistan can make investments solely beneath the federal government route in sectors/actions aside from defence, house, atomic power and sectors/actions prohibited for international funding, the assertion mentioned.

A corrigendum to the tender doc has additionally been issued on this regard, it added.

Overseas Direct Funding Coverage, 2017 was amended vide the Press Word four of 2019, issued by the central authorities, to allow 100 per cent FDI beneath automated route in coal mining actions, together with related processing infrastructure, on the market of coal, topic to the provisions of Coal Mines (Particular Provisions) Act, 2015 and the Mines and Minerals (Growth and Regulation) Act, 1957 and different related Acts on the topic.

Accordingly, it was acknowledged within the tender doc that The Press Word four of 2019, issued by the Central Authorities, amended FDI Coverage 2017, to allow 100 per cent FDI beneath automated route in coal mining actions, together with related processing infrastructure topic to the act and different relevant Legal guidelines, on the market of coal.”

It’s additional clarified that any FDI within the business coal mining is topic to relevant legal guidelines, together with the Press Word Three of 2020, the assertion mentioned.

Prime Minister Narendra Modi launched the public sale means of coal blocks for business mining in June.

Array
(
[videos] => Array
(
)

[query] => https://pubstack.nw18.com/pubsync/v1/api/movies/advisable?supply=n18english&channels=5d95e6c378c2f2492e2148a2,5d95e6c278c2f2492e214884,5d96f74de3f5f312274ca307&classes=5d95e6d7340a9e4981b2e10a&question=atomic+energypercent2Cauction+of+coal+blockspercent2CCoal+Mines+Actpercent2Ccommercial+coal+miningpercent2Cdefence&publish_min=2020-07-31T21:14:57.000Z&publish_max=2020-08-03T21:14:57.000Z&sort_by=date-relevance&order_by=0&restrict=2
)

RelatedNews

Skin diseases

Philippine communist rebels turn on Chinse corporations

US Presidential Elections: My Father’s Relationship With PM Modi “Incredible”: Donald Trump’s Son

Share197Tweet123SendShare34

Related Posts

Skin diseases

by admin
January 4, 2021

Classical dermatology The skin is the largest human organ and has a variety of functions. Understanding the physiological processes in the...

Philippine communist rebels turn on Chinse corporations

by admin
November 5, 2020

The insurgent Communist Celebration of the Philippines (CPP) has ordered its guerrillas to assault Chinese language companies concerned “within the...

US Presidential Elections: My Father’s Relationship With PM Modi “Incredible”: Donald Trump’s Son

by admin
November 5, 2020

  Donald Trump Jr mentioned the reception his father acquired throughout go to to India was “overwhelming”. (File) New York:...

Supreme Court Refuses To Intervene In Uttarakhand Order On Harassment Inquiry

by admin
November 3, 2020

The Supreme Court docket bench stated that it’ll not intrude with the inquiry (File) New Delhi: The Supreme Court docket...

  • Trending
  • Comments
  • Latest
Best spreadsheet apps for Android and IOS of 2020

Best spreadsheet apps for Android and IOS of 2020

June 11, 2020

Haryana: FIR against land breach in Pinjore village of Bitna

August 28, 2020
Eye Makeup Quotes | Perfect For Instagram Captions & Makeup Artists

Eye Makeup Quotes | Perfect For Instagram Captions & Makeup Artists

June 11, 2020

Skin diseases

Easy Halloween Makeup & Costumes

Easy Halloween Makeup & Costumes

10 Brands Like Roxy To Find Beautiful Surf Clothing Featuring Feminine Styles

10 Brands Like Roxy To Find Beautiful Surf Clothing Featuring Feminine Styles

Skin diseases

January 4, 2021

Philippine communist rebels turn on Chinse corporations

November 5, 2020

US Presidential Elections: My Father’s Relationship With PM Modi “Incredible”: Donald Trump’s Son

November 5, 2020
Google Trending News

Copyright © Google Trending News. Sitemap

Navigate Site

  • Home
  • Partner with us
  • Contact Us
  • Privacy Policy

No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Sports
  • Tech
  • World
  • Press Release

Copyright © Google Trending News. Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In