The Department of Consumer Affairs said in a statement on Thursday that it has set up a committee chaired by Nidhi Khare, Additional Secretary to develop a comprehensive framework on 'Right to Repair'.
The reforms include loosening restrictions on foreign institutional investors' (FPIs') ability to invest in the debt market and raising the automated route's external commercial borrowing (ECB) cap from USD 750 million or its equivalent to USD 1.5 billion.