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The Economic Times
The Economic Times
National

Govt considering raising CCEA approval threshold for FDI proposals to Rs 15,000 crore: Sources

CCEA The Cabinet Committee on Economic Affairs United States

New Delhi: The government is considering a proposal to raise the threshold for foreign direct investment proposals requiring approval from the Cabinet Committee on Economic Affairs to Rs 15,000 crore from Rs 5,000 crore at present to further improve the country's investment climate, according to sources.

The Cabinet Committee on Economic Affairs (CCEA) is a high-level committee headed by Prime Minister Narendra Modi. Its members include key Union Cabinet ministers such as the Home Minister and Finance Minister.

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