When Influence Becomes Control: Rethinking PN2 of 2026
Introduction The Department for Promotion of Industry and Internal Trade (DPIIT) issued Press Note 2 of 2026 (PN2) on March 15, 2026, which relaxed the restrictions imposed by Press Note 3 of 2020 on foreign direct investment (FDI) by investors from countries that share a land border with India (Land Border Countries or LBCs). Under
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