Govt initiates exercise to raise FDI in defence to 100 percent

SOURCE: PTI In a major policy initiative, the government is proposing to raise foreign direct investment (FDI) in the defence sector to 100 percent through the approval route, according to sources. “The Commerce and Industry ministry has circulated a Cabinet note for inter-ministerial consultation,” they told PTI. The proposal to raise the FDI cap in […]



from idrw.org http://ift.tt/1o3rCyD

via IFTTThttp://idrw.org