<h1>Finance Minister Approves 22 FDI Proposals Worth Rs. 511.46 Crore; 13 Deferred, 3 Rejected in Various Sectors.</h1> The Finance Minister approved 22 Foreign Direct Investment (FDI) proposals worth Rs. 511.4616 crore, as recommended by the Foreign Investment Promotion Board. These proposals span various sectors, including heavy industry, shipping, railways, and economic affairs. Notable approvals include investments in manufacturing, trading, and infrastructure. Some proposals involve setting up new ventures or joint ventures, while others focus on converting existing companies into holding companies for further investments. Additionally, 13 proposals were deferred, and 3 were rejected. The deferred proposals involve sectors such as telecom, infrastructure, and retail, while the rejected ones pertain to wholesale trading activities.