{"id":366081,"date":"2020-08-04T10:18:29","date_gmt":"2020-08-04T04:48:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=366081"},"modified":"2020-08-04T10:32:14","modified_gmt":"2020-08-04T05:02:14","slug":"fdi-in-commercial-mining-from-border-sharing-nations-needs-govt-nod-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fdi-in-commercial-mining-from-border-sharing-nations-needs-govt-nod-india\/","title":{"rendered":"FDI in commercial mining from border sharing nations needs govt nod: India"},"content":{"rendered":"<p>The Centre on Monday clarified that any foreign direct investment (FDI) in commercial coal mining from an entity of a country that shares land border with India will be allowed only after government approval. <\/p>\n<p>&#8220;This is with reference to the ongoing auction process of coal mines for commercial coal mining&#8230;It is further clarified that any FDI (foreign direct investment) in the commercial coal mining is subject to applicable laws including the Press Note 3 of 2020 issued by the Central Government&#8230;.,&#8221; the coal ministry said in a statement. <\/p>\n<p>According to the Press Note 3 of 2020, &#8216;an entity of a country, which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country, can invest only under the Government route&#8217;, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Centre on Monday clarified that any foreign direct investment (FDI) in commercial coal mining from an entity of a country that shares land border with India will be allowed only after government approval. &#8220;This is with reference to the ongoing auction process of coal mines for commercial coal mining&#8230;It is further clarified that any FDI (foreign direct investment) in the commercial coal mining is subject to applicable laws including the Press Note 3 of 2020 issued by the Central Government&#8230;.,&#8221; the coal ministry said in a statement. According to the Press Note 3 of 2020, &#8216;an entity of a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,170,130],"tags":[],"class_list":["post-366081","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=366081"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366081\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=366081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=366081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=366081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}