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Mar 16, 2017 03:40 PM IST | Source: CNBC-TV18

Government may announce new mechanism to replace FIPB soon

The government is moving ahead with its plan to wind up the Foreign Investment Promotion Board and it may announce a new mechanism to replace the FIPB, as early as April this year.

As announced in the Union Budget, the government is moving ahead with its plan to wind up the Foreign Investment Promotion Board (FIPB) and it may announce a new mechanism to replace the FIPB, as early as April this year. So what to expect from the government on this front?

Watch accompanying video of CNBC-TV18's Sapna Das for exclusive details.
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