Indian History

FDI Policy

Amendments in FDI policy which include allowing FDI in defence up to 49 per cent, in railway infrastructure up to 100 per cent and in the insurance and pension sector up to 49 per cent. The investment limit requiring prior permission from the Foreign Investment Promotion Board (FIPB)/Cabinet Committee on Economic Affairs has been increased from R1200 crore to R3000 crore.
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