{"id":366103,"date":"2020-08-04T10:52:19","date_gmt":"2020-08-04T05:22:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=366103"},"modified":"2020-08-04T10:52:19","modified_gmt":"2020-08-04T05:22:19","slug":"fdi-in-commercial-mining-govt-nod-needed-for-companies-from-nations-sharing-border-with-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fdi-in-commercial-mining-govt-nod-needed-for-companies-from-nations-sharing-border-with-india\/","title":{"rendered":"FDI in commercial mining: Govt nod needed for companies from nations sharing border with India"},"content":{"rendered":"<p>New Delhi: 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>New Delhi: 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 [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[194,130,136],"tags":[],"class_list":["post-366103","post","type-post","status-publish","format-standard","hentry","category-coal-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366103","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=366103"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366103\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=366103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=366103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=366103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}