No permission is now required from RBI to acquire residential / commercial property by NRIs, except for agricultural land / farm house / plantation properties

Automatic approval, without bottlenecks, for direct foreign investment upto 51% equity in 34 high priority industries, which include broad areas like metallurgy, electrical equipment, transportation, food processing, hotel, tourism, etc. thus breaking for the first time, 40% equity enshrined in FERA, 1973.

100% equity participation allowed in selected areas, e.g. setting up of power units (free repatriation of profits and other incentives).