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INVESTMENT & DIGITAL ECONOMY DIVISION

Shri. Rajeev Saksena, Joint Secretary (Investment)

Tel. No. 23093132

INTERNATIONAL ECONOMIC RELATIONS DIVISION

Ms. Reetu Jain, Economic Advisor (Investment & FSRL)

Tel. No. 011- 23094443

International Investment Treaties & Framework

  • Negotiation and conclusion of International Investment Protection Agreements
    • Bilateral Investment Treaties (BIT) with other countries
  • Policy matters related to Investment protection Chapters of FTAs/CECA/CEPA
    • Negotiation and conclusion of Investment protection Chapter of FTAs/CECA/CEPA etc. with various countries and regional blocks
  • Organizing Capacity building initiatives for central and state governments on BIT issues
  • Nodal for receiving dispute notices for disputes arising out from BITs/Investment chapter of FTAs signed with foreign countries
  • Investment related issues in International Forum such as UNCITRAL, G20, BRICS and Investment Facilitation in WTO
  • Policy matters related to international investment agreements and disputes therein
  • Institutions: Nil
  • External Territorial Charge: Central & South America
  • Ministries/Departments: Ministry of Steel
  • States: Nil
  • Legislations: Nil

Name and designation of officers

Foreign Trade & Services

  • Foreign Exchange aspects relating to Import/Export of gold/silver
    • Policy matters relating to Gold including Gold Policy for promotion of gold as financial asset class
    • Gold Monetisation Scheme (GMS)
    • Indian Gold Coin Scheme (IGC)
  • Providing advice to Department of Commerce from financial angle in matters relating to:
    • Project Export on deferred Payment Terms
    • Border Trade
    • Project Export Guidelines
    • SEZs/EPZs
  • Export & Import Policy, particularly the foreign exchange aspects thereof
    • Matters related to countertrade
    • Matters relating to deemed Exports, including issuance of Notification/Public Notices in terms of its provisions of EXIM Policy
  • Co-ordination within Investment Division on various issues/references received from various Divisions within DEA and outside and other Ministries/agencies, requiring comments/inputs of Investment Division
  • Institutions: Nil
  • External Territorial Charge: Nil
  • Ministries/Departments:
    • Department of Commerce
    • Ministry of Heavy Industry
    • Ministry of MSME
  • States: Nil
  • Legislations: Nil

Name and designation of officers

Domestic Investment & Digital Economy

Domestic Investment & Outward Investment from India

  • All policy issues related to domestic investment and outward investment from India (except foreign investment)
    • Including industrialization, manufacturing sector, and innovation
  • Examining all policy proposals related to:
    • Ministry of Textiles
    • Department of Chemicals and Petro-Chemicals
  • Policy issues related to:
    • Integrated Township
    • Industrial Park
    • Manufacturing Clusters
  • National Manufacturing Policy & National Investment Manufacturing Zone
  • National Manufacturing Competitiveness Council (NMCC)
  • Works relating to Special Window for Affordable and Middle-Income Housing (SWAMIH) Fund
  • Identify and work in Sectoral & Taxation issues with relevant Departments
  • Institutions:
    • NIIF
    • SWAMIH
  • External Territorial Charge: Nil
  • Ministries/Departments:
    • Ministry of Textiles
    • Department of Chemicals and Petro-Chemicals
    • EC meetings of remaining Ministries/Departments
    • Core Group of Secretaries on Disinvestment and Alternative Mechanism
    • CCEA etc.
  • States: Nil
  • Legislations: Nil

Digital Economy and Fintech

  • Work relating to Digital Economy including FinTech
  • Identifying policy interventions for the Digital Economy and FinTech
  • Identifying digital infrastructure gaps and measuring progress
  • International collaborations in Fintech to grow India’s contribution to the Digital Economy
  • Identifying possible market failures and suggesting interventions
  • Ministries/Departments:
    • Ministry of Electronic and Information Technology
  • External Territorial Charge: Nil
  • Institutions: Nil
  • States: Nil
  • Legislations: Nil

Name and designation of officers

Foreign Direct Investment and Overseas Direct Investement

FDI & ODI Policy

  • FDI Policy matters
    • Particularly equity inflow transactions
    • FDI Policy clarifications & related matters of FEMA Non-debt rules
  • Foreign Investment policy issues relating to:
    • Foreign Venture Capital Investment (FVCI)
    • Alternative Investment Fund (AIFs) (except infrastructure funds)
    • Including Venture Funds, Angel Funds, Private Equity Funds, etc.
  • Co-ordination with inter Ministries/Departments
    • Department of Industrial Policy & Promotion
    • Department of Financial Services
    • Department of Revenue
    • Department of Commerce
  • Regulators
    • Reserve Bank of India
    • Securities & Exchange Board of India
  • Servicing of GoM on FDI and preparations/circulation of Cabinet/GoM notes of DEA and other Ministries/Departments on policy issues
  • Cabinet Secretariat introduced Global Indices to improve India’s ranking
    • This section is a nodal for all the indices allocated to DEA to facilitate other ministries/departments
  • KoF Globalisation Index
  • Investment Clearance Cell - Single Window system
  • Facilitating disseminating relevant/case specific information to the concerned Ministries/Departments for preparation of replies to the Parliament Questions
  • Work relating to policy issues related to Overseas Direct Investment
  • Monthly Overseas Direct Investment (ODI) Fact Sheet
    • Detailed ODI outflows data across sectors and countries are being prepared and uploaded for public on DEA’s website on a monthly basis
  • Disposal of RTI matters, PMO/VIP references, public grievances, etc.
  • Providing comments and inputs on matters received from line Ministries/Departments as per the sectoral charge
  • Institutions: Nil
  • External Territorial Charge: Nil
  • Ministries/Departments:
    • Department for Promotion of Industry & Internal Trade including Make in India, EoDB, and Startup
    • Department of Public Enterprises and matters (DIPAM) which includes IMC, CGD, EFC, etc. and matters pertaining to the Evaluation Committee meetings thereon
    • D/o Public Enterprises (DPE)
  • States: Nil
  • Legislations: Nil

Name and designation of officers

FDI Proposal Section

  • Receipt and processing of the FDI proposal/proposals for foreign direct investment pertaining to financial services
    • Not regulated by any Financial Sector Regulator
    • Where only part of the financial services activity is regulated
    • Where there is doubt regarding the regulatory oversight
    • Application for foreign investment into a Core Investment Company or an Indian Company engaged only in the activity of investing in the capital of other Indian Companies
  • Receipt of all fresh and amendment FDI proposals and registration thereof
  • Scrutiny and examination of cases
  • Interaction with companies for clarification & updation of documentation
  • Preparation of summary/briefs for interaction of Senior Officers/Hon'ble Minister in respect of FDI proposals
  • Maintain database on the FDI proposals received
    • Details such as date of receipt, investor and investee company details, volume of foreign investment involved, and date of grant of approval/rejection letter
  • Facilitating dissemination of relevant/case specific information to the concerned Ministries/Departments for preparation of replies to the Parliament Questions
  • Coordinating with Joint quarterly review meeting
    • Convened by DPIIT, held under the co-chairmanship of Secretary, DPIIT and Secretary, DEA on pendency of proposals with Government
  • Coordination with Ministries concerning submission of all old FDI proposals documents related to FIPB portal and matters provided to investigating agency as and when required
  • Follow up action on cases handled by FDI section
  • Servicing of GoM on FDI and preparations/circulation of Cabinet/GoM notes on FDI policy
  • Maintain and classify all FIPB portal files and transfer them to their respective Ministries/Departments as per Cabinet Order
  • Submission of files and clarification on proposals to CBI and ED
  • Submission of all periodical reports
  • Issue of approval/rejection in respect of fresh proposals
  • Coordinating with Ministries/Departments/Agencies to bring Foreign Investment in India
  • Facilitating dissemination of relevant/case specific information to the concerned Ministries/Departments for preparation of replies to the Parliament Questions
  • Institutions: Nil
  • External Territorial Charge: Nil
  • Ministries/Departments: Nil
  • States: Nil
  • Legislations: Nil

Name and designation of officers

All rights reserved to Ministry Of Finance, Department Of Economic Affairs, Government of India

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