Mumbai-The Statement on Development and Regulatory Policies in the Monetary Policy Statement dated October 05, 2018 had announced a separate scheme called Voluntary Retention Route to encourage Foreign Portfolio Investors to undertake long-term investments in Indian debt markets. Investment under the VRR scheme shall be open for allotment from March 11, 2019.Under this scheme, FPIs have been given greater operational flexibility in terms of instrument choices besides exemptions from certain regulatory requirements. A discussion paper on the VRR scheme was placed on the Reserve Banks website for public consultation.The aggregate investment limit shall be Rs 40,000 crores for VRR-Govt and Rs 35,000 crores for VRR-Corp.