NEW DELHI : India plans to issue ‘India business cards’ as visa for multiple entry for three years to businessmen from the South Asian countries from April 1 to explore business opportunities in the country and boost regional trade, but with certain restrictions in case of Pakistani businessmen in view of the concerns raised by the intelligence agencies.
A Pakistani businessman is welcome only if he runs an enterprise having import/export of goods and services with India worth Rs 1 crore in Indian rupees in the previous financial year and shows annual income of at least Rs 10 lakh in Pakistani rupees, besides being a member of any chamber of commerce in Pakistan that is recognised by India.
The new scheme is, however, not available to the Pakistani businessmen who have already secured one-year multiple-entry visa under the old scheme.
The difference, however, is that they are now allowed access to 15 cities as against a limitation of 10 cities in the old scheme. No such restriction applies in case of the nationals of other South Asian countries while those from Nepal and Bhutan even do not require a visa for India.
Yet another relaxation to the Pakistani businessmen is exemption from reporting at the local police station, a must for Pakistanis coming to India on any other visa.