Government examining foreign fund flows in infrastructure at strategic locations

The government has initiated review of foreign fund flows in sensitive like telecom and physical infrastructure at strategic locations of the country, according to sources.

A comprehensive review has been undertaken to assess the control over various infrastructures at strategic locations and border areas of the country, the sources said.

Given the fact that majority of the industries are now under automatic route for foreign direct investment (FDI) rather than the approval route, the sources said, it is required to have an idea on the foreign presence in these areas including the northeastern region.