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Budget 2021: Special window for big-ticket foreign investments likely

Facility to be available for FDI proposals worth over Rs 3,000 cr

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An announcement in this regard may happen in the Union Budget, scheduled to be presented on February 1 | Illustration: Binay Sinha

Shrimi Choudhary New Delhi
Big-ticket foreign investors looking to invest in India could soon find their proposals getting quick treatment from the government. According to sources, the Centre is planning to create a special window for strategically important investors such as sovereign wealth funds and pension funds that wish to invest over Rs 3,000 crore through a single transaction.

An announcement in this regard may happen in the Union Budget, scheduled to be presented on February 1.

Some strategically important foreign investors include Canada pension fund CDPQ, GIC (Singapore), the Qatar Investment Authority, Temasek (Singapore), and the Abu Dhabi Investment Authority. 

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