<p>The Indian government has received about 54 foreign direct investment proposals from China since last year that are pending for approval, said Finance Minister Nirmala Sitharaman.</p>.<p>"54 FDI proposals received during the past year and current year with investor/ beneficial owner from China/Hong Kong are pending for decision with government as on March 21, 2023," Sitharaman informed lawmakers on Monday.</p>.<p>The Indian government is not considering easing restrictions put in place a few years ago on foreign investments from countries that share land border with India, Sitharaman said.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/finance-minister-asks-psbs-to-focus-on-risk-management-amid-banking-crisis-in-us-europe-1203525.html" target="_blank">Finance Minister asks PSBs to focus on risk management amid banking crisis in US, Europe</a></strong></p>.<p>In 2020, India sought to limit investments from China as political tensions heightened between the two countries with its soldiers clashing at the disputed Himalayan region.</p>.<p>The restrictions called for beneficial owners of a country sharing a land border with India to seek its government's approval for investments.</p>.<p>The step was taken to prevent hostile takeovers of Indian companies when the country was severely impacted by the Covid-19 pandemic.</p>
<p>The Indian government has received about 54 foreign direct investment proposals from China since last year that are pending for approval, said Finance Minister Nirmala Sitharaman.</p>.<p>"54 FDI proposals received during the past year and current year with investor/ beneficial owner from China/Hong Kong are pending for decision with government as on March 21, 2023," Sitharaman informed lawmakers on Monday.</p>.<p>The Indian government is not considering easing restrictions put in place a few years ago on foreign investments from countries that share land border with India, Sitharaman said.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/finance-minister-asks-psbs-to-focus-on-risk-management-amid-banking-crisis-in-us-europe-1203525.html" target="_blank">Finance Minister asks PSBs to focus on risk management amid banking crisis in US, Europe</a></strong></p>.<p>In 2020, India sought to limit investments from China as political tensions heightened between the two countries with its soldiers clashing at the disputed Himalayan region.</p>.<p>The restrictions called for beneficial owners of a country sharing a land border with India to seek its government's approval for investments.</p>.<p>The step was taken to prevent hostile takeovers of Indian companies when the country was severely impacted by the Covid-19 pandemic.</p>