{"id":366223,"date":"2020-08-04T11:32:10","date_gmt":"2020-08-04T06:02:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=366223"},"modified":"2020-08-04T12:40:43","modified_gmt":"2020-08-04T07:10:43","slug":"fdi-in-commercial-mining-govt-nod-needed-for-cos-from-nations-sharing-border-with-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fdi-in-commercial-mining-govt-nod-needed-for-cos-from-nations-sharing-border-with-india\/","title":{"rendered":"FDI in commercial mining: Govt nod needed for cos from nations sharing border with 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 borders with India will be allowed only after government approval.<\/p>\n<p>\u201cThis is with reference to the ongoing auction process of coal mines for commercial coal mining\u2026It is further clarified that any FDI (foreign direct investment) in commercial coal mining is subject to applicable laws including the Press Note 3 of 2020 issued by the Central Government\u2026.,\u201d the coal ministry said in a statement.<\/p>\n<p>According to the Press Note 3 of 2020, \u2018an entity of a country, which shares land border with India or where the beneficial owner of investment into India is situated in or is a citizen of any such country, can invest only under the Government route\u2019, 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 borders with India will be allowed only after government approval. \u201cThis is with reference to the ongoing auction process of coal mines for commercial coal mining\u2026It is further clarified that any FDI (foreign direct investment) in commercial coal mining is subject to applicable laws including the Press Note 3 of 2020 issued by the Central Government\u2026.,\u201d the coal ministry said in a statement. According to the Press Note 3 of 2020, \u2018an entity of a country, [&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":[130],"tags":[],"class_list":["post-366223","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366223","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=366223"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366223\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=366223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=366223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=366223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}