TNPSC Thervupettagam

FDI policy- Amendments

January 12 , 2018 2381 days 928 0
  • 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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