Thej

Basically they don’t want small time Indians investing outside India.

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RBI proposes ₹50 lakh LRS sub-limit explained: What does remittance scheme mean for your overseas investments, travel | Mint

https://www.livemint.com/money/personal-finance/rbi-proposes-50-lakh-lrs-sub-limit-explained-what-does-remittance-scheme-mean-for-your-overseas-investments-travel-11793174934652.html