•  With rapid growth in manufacturing and services, a sudden and intense pressure has developed in regard to availability and quality of urban infrastructure and urban services. A notable beginning has been made in this direction with the launching of "National Urban Renewal Mission".
In terms of the policy, a fast track route was introduced where limits were raised from $ 2 million to $ 4 million and linked to average export earnings of the preceding three years. Cash remittance continued to be restricted to $ million. Beyond USD 4 million, approvals are considered under Normal Route at the Special Committee level.