What Legal Parameters are covered in a Feasibility Study in India? Before even giving a thumbs-up or go-ahead for any project or product, all you need is to go with a feasibility study that will enable you to understand how your project or product will perform. A feasibility study is a detailed study that enables a business owner and investors to take the call on whether to go ahead or not with the business idea. It can be instrumental in reducing risk to a great extent and devising the future growth strategy. A Feasibility covers a wide range of critical aspects of a project such as market insights, industry trends, technology analysis, financial feasibility, etc. In addition, feasibility has to ensure the legal viability of investment/ project idea.
Talking the legal parameters covered while conducting a feasibility study, they are as follows
Enabling PPP legislation, especially looking for particular needs of the projects, like a minimum capital value and a maximum contractual time. Public procurement law that might be partially applicable, exclusively in the hunt for general contractual and procurement guidelines. The legislation refers to foreign investment, labour issues, and property. In case FDI is involved, one has to scrutinize the FDI policies.