(a) whether Government has finalized the norms for allowing Foreign Direct Investment (FDI) in commodity exchanges;
(b) if so, the details thereof;
(c) whether any ceiling has been fixed by the Government on FDI in commodity exchanges;
(d) if so, the details thereof; and
(e) the time by which it is likely to be implemented?
THE MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE AND THE MINISTER OF STATE IN THE MINISTRY
OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION
(SHRI TASLIMUDDIN)
(a) to (d): The Government is in the process of finalizing the norms for allowing Foreign
Direct Investment (FDI) in Commodity Exchanges.
(e) : The norms for allowing Foreign Direct Investment (FDI) in Commodity
Exchanges will be implemented as soon as it is finalized by the Government and notified by
Reserve Bank of India under Foreign Exchange Management Act, 2000 (FEMA) regulations.