The government has modified the FDI policy allowing unlisted companies to directly list on stock exchanges abroad. The move will facilitate raising of funds for acquisitions or clearing overseas debts. It may help India in containing its high current account deficit. Presently, unlisted companies are not allowed to directly list in overseas markets without prior or subsequent listing in the Indian market.The Department of Industrial Policy and Promotion said that necessary changes have been made in the 'Consolidated FDI Policy' and the scheme will be implemented on a pilot basis for a period of two years.