<h1>India Approves 31 FDI Proposals Worth Rs. 3844.70 Crore Across Multiple Sectors Following FIPB Meeting Recommendations.</h1> The Indian government has approved 31 foreign direct investment (FDI) proposals totaling approximately Rs. 3844.70 crore, based on recommendations from the Foreign Investment Promotion Board (FIPB) meeting held on July 6, 2011. The approved proposals span various sectors including civil aviation, corporate affairs, economic affairs, financial services, information broadcasting, power, steel, tourism, urban development, commerce, defence production, industrial policy promotion, petroleum natural gas, telecommunications, and more. Additionally, 18 proposals were deferred, three were rejected, two were advised to access the automatic route, and one proposal was withdrawn from the agenda.