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Air India divestment: NRI investment not treated as FDI, government to clarify

Updated : February 12, 2020 01:42 PM IST

The clarification will state that the equity shareholding of a non-resident Indian will not be considered a foreign direct investment as the person is a citizen of India but only residing overseas.
There are no plans to tweak the FDI policy with respect to Air India as of now.

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