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Easing scrutiny
India is considering easing scrutiny on foreign direct investments, especially from bordering nations. The current move is an aftermath of proposals worth $6 billion getting stuck amid the red tape. India had imposed curbs on foreign investments amid a bloody border standoff with China.
Awaiting clearance
The government became vigilant about investment proposals from companies that share a land border with India. However, those rules, which are mainly aimed at China, have posed a dilemma for inflows. The restrictions made the entire deal-making process complicated for investors. As of November 2021, over 100 proposals are awaiting clearance.
