Mayaram panel considering 2 categories for FDI: report

In a major overhaul of foreign investment regime, the government is considering to split overseas inflows into two categories -- Foreign Portfolio Investment (FPI) and Foreign Direct Investment (FDI)-- with a minimum composite cap of 49 per cent.       The proposal, which is being considered by the Arvind Mayaram panel, envisages an aggregate automatic limit of 24 per cent of FPI, which may be raised up to the extent of FDI permi...