The Union Cabinet has approved changes to the Foreign Direct Investment (FDI) Policy, and increased avenues and limits for foreign investment in certain sectors. These are:
– construction development projects
– civil aviation
– petroleum & natural gas
– commodity exchanges
– credit information companies
– mining
– industrial parks.
For details, see reports in Business Standard and LiveMint.
One sector that is conspicuous by its absence in the recent review is retail trade.
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