For instance, restriction on entry into socially sensitive print media sector, strategically important defence sector or bubble prone real estate sector cannot really be faulted on economic logic. b.
There are some operational restrictions on FDI in so far as the universe of instruments of investment is rather narrow comprising mostly equity instruments and that these instruments have to be sold and bought at fair value. The logic is fairly simple. An instrument of FDI should not be a camouflage for debt. In normal times and for traditional industries, these provisions are fine.