India

Yogi Government Eases FDI Policy To Boost Foreign Investment In Uttar Pradesh

The Yogi Adityanath-led government has made a strategic move to attract foreign investment in Uttar Pradesh by amending the Foreign Direct Investment (FDI) policy. During a cabinet meeting on Monday at Lok Bhavan, the state approved changes to the Incentive Policy 2023, aiming to facilitate investment from FDI sources and Fortune 500 companies. This policy update provides significant flexibility for foreign investors by allowing investments through various funding channels beyond equity.

Expanding Investment Options Through FDI Policy

Finance and Parliamentary Affairs Minister Suresh Khanna explained the amendment. Now, companies can qualify under the policy with a minimum investment of Rs 100 crore, even if only 10 percent of the capital is from equity. The remaining investment can come from other funding options, including loans or structured financial instruments.

Also Read: Delhi High Court Orders ASI Survey Of Jama Masjid Amid Protection Petition

New Pathways for Foreign Capital

The updated policy includes foreign capital investments via preference shares, debentures, external commercial borrowings, and other debt securities. Under the new guidelines, foreign investors can access benefits for investments meeting the Rs 100 crore requirement, regardless of the funding structure.

This move aligns with the Yogi government’s goal to increase foreign investment in UP, aiming to make the state a more attractive destination for international capital and business growth.

Vishal Talwar

Recent Posts

MI New York Announces Star-Studded Signings For Major League Cricket 2025

MI New York has unveiled an impressive roster of players for the 2025 edition of…

10 mins ago

PM Modi Bats For Stronger Regional Ties At BIMSTEC Summit In Bangkok

PM Narendra Modi on Friday reiterated India’s commitment to enhancing cooperation across multiple sectors within…

13 mins ago

A New Dawn Of Happiness: PM Modi Shares Navratri Message With Devotional Track

On Friday, PM Modi extended Chaitra Navratri Day 7 wishes, invoking Maa Jagdamba's blessings for…

2 hours ago

Sensex, Nifty Open Lower Amid Global Sell-Off Following President Trump’s Tariffs

Indian stock markets opened lower on Friday, following a global sell-off triggered by the reciprocal…

2 hours ago

PM Modi Calls Passage Of Waqf Amendment Bill ‘Watershed Moment’ For Socio-Economic Justice

Prime Minister Narendra Modi hailed the passage of the Waqf (Amendment) Bill on Friday, calling…

2 hours ago

India Extends Support To Myanmar As PM Modi Meets Senior General Min Aung Hlaing

On Friday, Prime Minister Narendra Modi met Myanmar’s Senior General Min Aung Hlaing to review…

2 hours ago