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During the Prime Minister’s visit to the UK in November, 2015, commercial deals of over 9 billion Pounds between India and UK were announced. It was also agreed that the City of London should play an important role in channelling investment into infrastructure projects in India including in the Railway sector. Investors from Canada including Pension Funds of Canada have also shown interest in making investment in different sectors in India.
During the last 18 months, the Government has taken various measures for bringing investments in the country like opening up Foreign Direct Investment in many sectors; liberalizing FDI norms and improving ease of doing business in the country.
This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.
Foreign Direct Investment liberalisation to facilitate international capital flows and infrastructure investment through eased norms and business reforms. The government emphasised mobilisation of international capital for infrastructure and other sectors by opening up Foreign Direct Investment in multiple sectors, liberalising FDI norms and improving ease of doing business to facilitate investor participation and channel investments through international financial centres.Press 'Enter' after typing page number.