<h1>Indian Government Approves Eight FDI Proposals Worth Rs. 100.01 Crore; Major Rs. 2000 Crore Proposal Awaits Further Review.</h1> The Indian government approved eight foreign direct investment (FDI) proposals totaling approximately Rs. 100.01 crore, based on recommendations from the Foreign Investment Promotion Board (FIPB) meeting on June 1, 2012. These approvals span various sectors, including economic affairs, financial services, and industrial policy promotion. Additionally, a significant proposal from a financial venture company in Chennai, amounting to Rs. 2000 crore, has been recommended for Cabinet Committee on Economic Affairs consideration. Several proposals were deferred, rejected, or advised to access the automatic route, while two were withdrawn from the agenda.