The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal of the Department of Industrial Policy & Promotion for amendment to the existing definition of "control" under the FDI policy.
Tag: Department of Industrial Policy & Promotion
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DIPP discusses raising FDI limit in key sectors with ministries
Recently, the the Department of Industrial Policy & Promotion (DIPP) held meeting with around 15 ministries to understand their views on raising foreign direct investment (FDI) limit on some key sectors. These sectors include civil aviation, defence, telecom and multi-brand retail. Ministries of defence, I&B, civil aviation and petroleum & natural gas have reportedly attended the meeting