She said individual persons residing outside India (PROI) will be permitted to make equity investments in listed Indian companies through a portfolio investment scheme. ADVERTISEMENTSitharaman also proposed raising the investment limit for PROIs to 10 per cent from the existing 5 per cent. Presenting the Budget, Sitharaman also announced plans to upgrade the WHO Global Traditional Medicine Centre at Jamnagar in Gujarat. She further said the Centre will develop ecologically sustainable trails in Himachal Pradesh, Uttarakhand, and Jammu and Kashmir, linking tourism development with environmental considerations. Together, the proposals reflect the government’s intent to broaden participation in financial markets while continuing investments in urban infrastructure, science, culture and tourism in the coming financial year.
Source: The Telegraph February 01, 2026 06:54 UTC