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India approves residency status for high networth foreign nationals - govt source

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Reuters NEW DELHI
Last Updated : Aug 31 2016 | 12:42 PM IST

NEW DELHI (Reuters) - The Indian cabinet has approved granting residency to high networth foreign nationals, a government source said on Wednesday, to attract foreign investment into the South Asian nation.

(Reporting by Sankalp Phartiyal; Editing by Malini Menon)

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First Published: Aug 31 2016 | 12:27 PM IST

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