Foreign direct investment norms in India further relaxed - .PDF file.
In a significant development, the government of India has announced measures to encourage investment by liberalising foreign direct investment norms. Foreign direct investment limits have been raised across several key sectors and the list of sectors eligible for foreign direct investment under the ‘automatic route’ category has been increased.
The government’s liberalisation measures are based on the recommendations received from the Mayaram Committee in June 2013…
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