State the sectors in which Foreign Direct Investment (FDI) is prohibited in India.

Sectors in which Foreign Direct Investment (FDI) is prohibited in India are as under: Lottery business including Government or private lottery, online lotteries, etc. Gambling and betting including casinos, etc. Chit funds Nidhi Company Trading in Transferable Development Rights Real estate business or construction of farm houses Explanation: real estate business shall not include development of townships, construction of residential or commercial premises, roads or bridges and Real Estate Investment Trusts (REITs) registered and regulated under the SEBI (REITs) Regulations, 2014. Manufacturing of cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes. Activities or sectors not open to private sector investment e.g. (I) Atomic energy and (II) Railway operations (other than permitted activities) Foreign technology collaborations in any form including licensing for franchise, trademark, brand name, management contract is also prohibited for lottery business and gambling and betting activities.