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of <h1>Government Approves 12 FDI Proposals Worth Rs. 343.99 Crore; 4 Deferred, 3 Rejected, Awaiting Policy on Brownfield Pharma.</h1> The Central Government has approved twelve foreign direct investment (FDI) proposals totaling approximately Rs. 343.99 crore, based on recommendations from the Foreign Investment Promotion Board (FIPB). These include investments in sectors such as pharmaceuticals, non-banking financial companies, and publishing. Four proposals were deferred, three rejected, and two advised to access the automatic route. One proposal was withdrawn, and one requires clarification. Decisions on two proposals will await policy finalization on FDI in brownfield pharma projects, while six proposals are held in abeyance pending further review.
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