Stay abreast with the latest developments in the professional domain along with in-depth analysis through the monthly BCA Journal. Get access to an engaging library of researched publications from the BCAS stable.
Learn MoreExplore past issues of BCA Journal & indulge in a treasure trove of high-quality professional content across format of print, videos & learning events from the BCAS stable.
Learn More
Part C : RBI / FEMA
Given below are the
highlights of certain RBI Circulars.
12 A.P.
(DIR Series) Circular No. 38, dated 2-3-2010 — External Commercial Borrowings (ECB)
Policy.
Presently, infrastructure
sector is defined as (i)
power, (ii) telecommunication, (iii) railways, (iv) road including bridges, (v)
sea port and airport, (vi) industrial parks, (vii) urban infrastructure (water
supply, sanitation and sewage projects), and (viii) mining, exploration and
refining.
This Circular had enlarged
the definition of infrastructure sector to include “cold storage or cold-room
facility, including for farm-level pre-cooling, for preservation or storage of
agricultural and allied produce, marine products and meat”. As a result,
infrastructure sector will now include :
(i) power, (ii)
telecommunication,
(iii) railways,
(iv) road including
bridges,
(v) sea port and
airport,
(vi) industrial parks,
(vii) urban
infrastructure (water supply, sanitation and sewage projects),
(viii) mining,
exploration and refining, and
(ix) cold storage or
coldroom facility, including for farm-level pre-cooling, for preservation or
storage of agricultural and allied produce, marine products and meat.
