(a) whether the Government has recently introduced a new policy for Foreign Direct Investment (FDI) in defence;
(b) if so, the details thereof including revisions from the previous policy;
(c) whether the Government has come up with criteria that define technology / ordnance that falls under ‘Modern Technology’ in FDI, if so, the details thereof;
(d) whether the Government has constituted a body to overlook and consider proposals for FDI beyond 49 per cent; and
(e) if so, the details thereof and the status of proposals previously accepted and details of the new proposals under the new policy? |
ANSWER |
MINISTER OF STATE (DR. SUBHASH BHAMRE) IN THE MINISTRY OF DEFENCE ????? ????? ?????? (??. ????? ?????)
(a) to (e): A Statement is attached. |
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