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INVESTMENT PROPOSALS FROM NRIs
Date : 04 Dec 2007
Location : New Delhi
Investment proposals received from Non-Resident Indians (NRI) during each of the last three years including the State of Karnataka are as under:
|
Year |
Total proposals received for investment by NRI |
Proposals received for investment by NRI in Karnataka |
|
2004 |
49 |
6 |
|
2005 |
44 |
6 |
|
2006 |
25 |
Nil |
This information was given by Dr. Ashwani Kumar, Minister of State for Industry, in a written reply in the Lok Sabha today.
The Minister further stated that the proposals received were considered and approvals granted where the policy requirements were fulfilled. Government decision on the proposals, complete in all respects, is normally communicated within 30 days of receipt.
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