In response to growing demands to introduce dual citizenship from its overseas diaspora, India introduced the concept of the person of Indian origin (a "PIO") in 2002 and an overseas citizen of India ...
Published On: 01/12/2016
Practice Area: Private Equity, Venture Capital and Fund Investment, Private Client
Authors:
Stuti Agarwal
Taking forward its Make in India initiative, on August 31, 2016, the Union Cabinet approved the scheme for grant of permanent residency status (“PRSâ€) with multiple entry to foreign investors, provided they fulfil certain conditions.