FEMA - A CLOSER LOOK

Authors
DHAR B MOHANTY M
Citation
B. Dhar et M. Mohanty, FEMA - A CLOSER LOOK, Economic and political weekly, 33(40), 1998, pp. 2569-2570
Citations number
NO
Categorie Soggetti
Political Science","Planning & Development
Journal title
Economic and political weekly → ACNP
ISSN journal
00129976
Volume
33
Issue
40
Year of publication
1998
Pages
2569 - 2570
Database
ISI
SICI code
0012-9976(1998)33:40<2569:>2.0.ZU;2-Q
Abstract
The Foreign Exchange Management Act (FEMA) represents major departures from past policies in two important respects. First, it can be seen a s an initial step towards capital account convertibility. Second, the government seems to have finally decided to give up all intentions of regulating foreign capital in the country.