Investment in the form of
FDIis prohibited in the following sectors.
a. Retail Trading (except single
brand product retailing)
b. Atomic Energy
c. Lottery Business including
Government / private lottery, online lotteries, etc.
d. Gambling and Betting including
casinos, etc
e. Business of chit fund
f. Nidhi company
g. (c) Agricultural or plantation
activities, or
h. (d) Real estate business, or
construction of farm houses, or
i. Trading in Transferable
Development Rights(TDRs)
j. Agriculture (excluding
Floriculture, Horticulture, Development of seeds, Animal Husbandry,
Pisciculture and cultivation of vegetables, mushrooms, etc. under controlled
conditions and services related to agro and allied sectors) and Plantations
(other than Tea Plantations)
k. Manufacturing of Cigars,
cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes.
“Real
estate business” does not include development of townships, construction of
residential / commercial premises, roads or bridges, educational institutions,
recreational facilities, city and regional level infrastructure, townships.
Partnership
firms /proprietorship concerns having investments as per FEMA regulations are
not allowed to engage in print media sector.
(Pioneers of online incorporation in
India)
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