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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Government Reviews FDI Policies: Possible Increase in Railway, Defense, and Insurance Sectors to Boost Economy and Job Creation.</h1> Inter-ministerial consultations are underway to consider allowing Foreign Direct Investment (FDI) in certain railway activities, though no final decision has been made. The government is reviewing FDI policies to make India an attractive investment destination. The Finance Minister highlighted the selective promotion of FDI to enhance domestic manufacturing and job creation. Proposed changes include increasing FDI caps in defense and insurance sectors from 26% to 49%, with Indian management control. Additionally, FDI requirements for Smart Cities are being eased to encourage development. Manufacturing units can sell products through retail and e-commerce without additional approvals.
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