Question
Government has reviewed the Foreign Direct Investment
(FDI) policy in the coal mining on 18.09.2019 allowing ____% FDI under automatic route for sale of coal, coal mining activities etc.Solution
Government has reviewed the Foreign Direct Investment (FDI) policy in the coal mining on 18.09.2019 allowing 100% FDI under automatic route for sale of coal, coal mining activities including associated processing infrastructure subject to the provisions of the Coal Mines (Special Provisions) Act, 2015 and Mines and Mineral (Development & Regulation) Act, 1957 as amended from time to time and other relevant Acts on the subject.
Given below are two statements:
Statement I:
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