Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>India Eases FDI Rules: 100% FDI in Food Marketing, Insurance, and Strategic CPSE Sales to Boost Economy.</h1> The Union Finance Minister announced significant reforms in the Foreign Direct Investment (FDI) policy during the 2016-17 General Budget presentation. Key changes include allowing 100% FDI through the Foreign Investment Promotion Board (FIPB) route for marketing food products produced and manufactured in India, aiming to boost the food processing industry and create employment. Reforms also target insurance, pensions, asset reconstruction companies, and stock exchanges. Additionally, strategic disinvestment guidelines have been approved, with plans to divest individual units of Central Public Sector Enterprises (CPSEs) to fund new projects. The NITI Aayog will identify CPSEs for strategic sales.