Abstract
Department of Industrial Policy and Promotion (DIPP) in the Ministry of Commerce and Industry, Government of India makes the Foreign Direct Investment (FDI) Policy of India. The current consolidated FDI policy is contained in the DIPP Circular 1 of 2012. The next edition, which is in the process of being formulated, will come into effect from April 1, 2013. In response to a public announcement by the DIPP, seeking suggestions and comments on the extant FDI Policy, this report was made and sent to the Government. This report unravels some of the crucial problems with the Indian FDI policy, which is arguably the most important governmental policy for a foreign investor.
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