FDI reforms needed more than opening up of sectors, say experts

While the government’s plan to open up more sectors to foreign direct investment (FDI) has recently made headlines, experts say active reforms to make investments easier on ground and easing of complex, ever-changing regulations are need of the hour.

The government is looking to further ease FDI norms, with investments being allowed in certain sectors, which continue to have constraints, Commerce and Industry Minister Piyush Goyal had said on Saturday. 

Sources confirm the Centre is actively looking to further relax FDI norms in sectors such as insurance and railway operations. The investment caps and restrictions in these sectors, among others,