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We at SGPIAG a registered NGO based in Margao are pleased to inform as under:

The Reserve Bank of India has today 13th June, 2008 posted on its website 
http://rbi.org.in the Draft -Master Circular on Foreign Investments in India 
for comments of the general public

It takes a re-look at  all the Notifications and Circulars issued thus far 
under the Act governing such investments in India viz (FEMA)  Foreign Exchange 
Management Act, 1999 as amended from time to time.  Moreover acquisition of 
immovable property in India; is also covered  therein.

Coming at a time when real estate investment in India especially in our tiny 
state of Goa has come for stiff scrutiny, investors could examine the same and 
offer their comments on or before 20th June, 2008 via email or fax.   SGPIAG 
will also offer its comments and hence those reluctant to send the comments 
directly may email the same to this NGO. A compilation of all the views will 
then be sent along with the views of this NGO

Kindly give this draft wide publicity 
 

For SOUTH GOA PUBLIC INTEREST ACTION GROUP 
Regd No 171/GOA/2000 dt 12.12.2000


sd/- 
TERENCE MAZARELO
PRESIDENT (SGPIAG)
1st Flr Benlix Bldg Opp Fatima Convent Margao Goa India
[EMAIL PROTECTED]
weblink http://mumbai.sancharnet.in/manojnd
FAX +91 832 2712430
HELPLINE (24 hrs) 9822158584
Tel +91 832 2731373 (O)
TO LEARN MORE ABOUT GOA/INDIA  
visit:www.goidirectory.nic.in,www.goagovt.nic.in


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