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Foreign companies that invests in sensitive sectors will have sign ‘National Security Clause’

The ‘National Securities Clause’ will have to be signed by all the foreign companies that are making investment in the defence, telecom and private security sectors which will empower the government to terminate their operations if they violate national security provisions or indulge in money laundering.

Earlier in this month the home ministry has approved the ‘National Security Clearance Policy’ and this clause is a part of this. The ‘National Security Clearance Policy’ stipulates that in these sectors, positions like chief security officers should be operated by Indian nationals only.

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