Article

Restrictions and Sectoral Caps
August 24 , 2012

In terms of Regulations 4(b) and (e) of RBI Notification No. FEMA 24/2000-RB dated May 3, 2000, an NRI or PIO cannot invest in a firm or proprietorship concern engaged in any agricultural/ plantation activity or real estate business or engaged in Print media.

A. List of activities for which Automatic Route of RBI for investment by person resident outside India is not available:

1. Petroleum Sector (except for private sector oil refining)/ Natural gas/ LNG  pipelines

2.   Investing companies in Infrastructure & Services Sector

3.   Defence and Strategic Industries

4.   Atomic Minerals

5.   Print Media

6.   Broadcasting

7.   Postal Services

8.   Courier Services

9.   Establishment and Operation of Satellite

10. Tea Sector

11. Assets Reconstruction Companies

12. Development of Integrated Township

B. List of activities or items for which FDI is prohibited:

 1. Atomic Energy

 2.  Lottery Business

 3.  Gambling and Betting

 4.  Housing and Real Estate Business

 5. Agriculture (excluding Floriculture, Horticulture, Development of Seeds, Animal husbandry, Mushrooms, etc., under controlled conditions and services related to agro and allied sectors) and Plantations (Other than Tea plantations).

Sectoral Cap on Investments by persons resident outside India

Fintotal Knowledge the best place to learn more on personal finance.

The language is simplified and written specially for non finance background individuals.


Explore more in a easy manner.

Table of Contents

Table of Contents

  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed

Get the all financial products under one roof only at

you will NEVER GO WRONG with us!

Unbiased . Best Deals . Appropriate Products . No Mis-selling