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    <title>Government Approves 12 Proposals of Foreign Direct Investment Amounting to Rs. 2609.27 Crore Approximately</title>
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    <description>Government approved twelve foreign direct investment proposals across sectors including commerce, pharmaceuticals, industrial policy, electronics and IT, financial services and economic affairs, covering equity inductions, wholly owned subsidiaries, joint ventures, downstream investments and share transfers; some approvals involved no fresh inflow and others recorded capital infusion. Nine proposals were deferred for further consideration and one proposal in the pharmaceutical sector was rejected.</description>
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