The Union government has approved Rs 992.61 crore valued 17 proposals of Foreign Direct Investment (FDI). The approvals have been made based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on last July 29, 2013, the government reports said September 3.
In addition, one proposal of Jet Airways India amounting to Rs 2,057.66 crore, has been recommended for consideration of Cabinet Committee on Economic Affairs (CCEA) as the investment proposal is above Rs 1,200.00 crore.
Leave a Reply
You must be logged in to post a comment.