It has been I who started saying that OCI is a “de facto glorified visa from India, and the status conferred by OCI is far short of being any kind of long-term permanent residence status upon which an OCI can count upon having and being able to exercise free of the changing administrative whims of the GoI's netas and babus”. For OCIs considering investments or reallocation of assets in India, this move by the Indian government should be a wake up call that OCI status doesn’t make them secure — forget about equal — in India.