<h1>Government Approves 20 FDI Proposals Worth Rs. 988.3 Crore Across Defense, Telecom, Media, and More Sectors.</h1> The government has approved 20 Foreign Direct Investment (FDI) proposals totaling approximately Rs. 988.3 crore, based on the Foreign Investment Promotion Board's recommendations from a meeting on September 16, 2014. These approvals span various sectors, including defense, telecom, print media, IT, insurance, pharmaceuticals, and banking. Additionally, eight proposals were deferred, five were rejected, and two were advised that FIPB approval was not necessary. The approved investments involve activities such as equity participation increases, share issuance, and setting up subsidiaries, reflecting a diverse range of business interests and strategic expansions in India.