Indian Polity & Governance·Amendments

Economic Contributions — Amendments

Constitution VerifiedUPSC Verified
Version 1Updated 5 Mar 2026
AmendmentYearDescriptionImpact
FEMA Amendment 20152015Liberalized foreign direct investment norms for overseas Indians, allowing 100% FDI in most sectors through automatic route and providing OCIs with investment rights equivalent to NRIsSignificantly increased diaspora FDI flows and simplified investment procedures, contributing to India becoming one of the top FDI destinations globally
Citizenship Amendment 20052005Introduced the Overseas Citizen of India (OCI) scheme, providing quasi-citizenship status with economic rights including property ownership, business establishment, and investment opportunitiesEnhanced diaspora economic engagement by providing legal framework for long-term economic participation and reducing regulatory barriers for diaspora investments
Featured
🎯PREP MANAGER
Your 6-Month Blueprint, Updated Nightly
AI analyses your progress every night. Wake up to a smarter plan. Every. Single. Day.
Ad Space
🎯PREP MANAGER
Your 6-Month Blueprint, Updated Nightly
AI analyses your progress every night. Wake up to a smarter plan. Every. Single. Day.