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DPIIT eases FDI rules for land-border countries via Press Note 2 of 2026.
15 Mar 2026
Timeline
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Economy
DPIIT eases FDI rules for land-border countries via Press Note 2 of 20261234
DPIIT's Press Note 2 (2026), dated 15 March, amended the FDI policy for land-border-country investors and aligned the definition of beneficial owner with the PMLA framework, following a 10 March Cabinet relaxation for non-controlling beneficial ownership up to 10 percent.
- DPIIT Press Note 2 (2026) dated 15 March 2026 amends para 3.1.1 of the FDI policy for land-border-country investments
- Aligns the 'beneficial owner' definition with the PMLA framework
- A Cabinet decision announced 10 March allows non-controlling land-border beneficial ownership up to 10 percent via the automatic route, with a 60-day approval timeline for specified manufacturing sectors
- Takes effect on notification of the amendment to FEMA NDI Rules
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Schemes
National Startup Day marks a decade of Startup India567
PM Modi marked ten years of Startup India on 16 January. Recognised startups crossed 2.09 lakh and created over 21 lakh jobs, according to the government.
- Startup India launched 16 January 2016; decade marked 16 January 2026 at Bharat Mandapam
- DPIIT-recognised startups over 2 lakh (about 2.09 lakh by December 2025)
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