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FDI policy- Amendments
January 12 , 2018
2513 days
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- The Union Cabinet has given its approval to a number of amendments in the FDI Policy.
- These are intended to liberalise and simplify the FDI policy so as to provide ease of doing business in the country.
- In turn, it will lead to larger FDI inflows contributing to growth of investment, income and employment.
- Foreign Direct Investment (FDI) is a source of non-debt finance which is the major driver for the economic development of the country.
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