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Govt may ease PN(3) to raise Chinese FDI

Mint Hyderabad

|

January 01, 2026

The Centre is preparing to significantly relax a five-year-old rule that shut out Chinese capital and put existing investments in limbo, easing the stringent Press Note 3 (PN3) diktat issued in the wake of the pandemic outbreak.

- Dhirendra Kumar & Subhash Narayan

The government is weighing a proposal to exempt investments up to 26% from the rigorous security screening process mandated by PN (3), provided the foreign entity exercises no

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