(a) whether the Government have constituted any committee to bring India`s Foreign Direct Investment estimation ptocedure in line with globle practices;
(b) if so, the details thereof; and
(c) the present status of progress made by the Cinnuttee in its task?
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (DR. RAMAN SINGH)
(a)to(c) : An informal committee comprising representatives from RBI and the Department of Industrial Policy & Promotion has been constituted for this purpose. The Committee is expected to complete its task shortly.