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    <title>Simplified investment rules to attract more domestic and foreign investment</title>
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    <description>The Government expanded a liberal FDI framework by enlarging automatic route access and applying sector specific calibrations: trading in domestically manufactured food products (via government approval), defence beyond prior caps subject to approval for technology access and inclusion of small arms manufacture, 100% automatic FDI in broadcasting carriage services and brownfield airports, increased automatic and approval thresholds for brownfield pharmaceuticals and air transport services, raised limits for private security agencies with split automatic/approval treatment, waiver of RBI office establishment permission where FIPB or ministerial/regulatory approval exists, and temporary relaxation of local sourcing norms for state of the art single brand retail.</description>
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    <pubDate>Fri, 25 Nov 2016 17:37:21 +0530</pubDate>
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