What is the FIPB?

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What is the FIPB?

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FIPB is a competent body to consider and recommend Foreign Direct Investment (FDI), which do not come under the automatic route. The FIPB has been reconstituted as under : 1) Secretary, Department of Economic Affairs Chairman 2) Secretary, Department of Industrial Policy & Promotion Member 3) Secretary, Department of Commerce Member 4) Secretary (Economic Relations), Ministry of External Affairs Member The Board would be able to co-opt Secretaries to the Government of India and other top officials of financial institutions , banks and professional experts of industry and commerce, as and when necessary. Return to TOP..

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FIPB is a competent body to consider and recommend Foreign Direct Investment (FDI), which do not come under the automatic route.

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