At present, FDI is permitted in technology collaboration in any form, including licensing for franchise, trademark, brand name and management contract in the tobacco sector.
Not so good news for the economy: Investment rate continues to fall even as industrial and agricultural pickup is anaemic.
To bring clarity, the DIPP has also come out with the definition of ‘e-commerce’, ‘inventory-based model’ and ‘market place model’.
During April-December this fiscal, over 90 per cent of the total foreign direct investment received came in through the automatic route, with less than 10 per cent coming in through the approval route.
The way to improve the farmer’s income is to improve his non-farm income.
The city, which would require more than Rs 1 lakh crore for a makeover, is now pushing projects on public-private partnership.
Planning a 20-yr roadmap to attract foreign, domestic investments to two-tier and three-tier cities, towns.
This is a win-win situation for Railways, Bihar, the country & Make in India: FM
The Swadeshi Jagran Manch (SJM), also linked to RSS, expressed anguish over the Centre’s move.
FDI announcements send out a welcome signal, but they will not address the underlying problem of demand.
Portfolio investment and investment by FVCIs will also be allowed up to permitted automatic route level of 49 per cent.
The aviation ministry is looking at an upfront subsidy to airlines so that the cost of air travel on certain routes would be brought within reach for the common man at about Rs 2500 per flying hour.
Against an FDI of Rs 7,508 crore in 2013-14 received by the construction sector, FDI in 2014-15 dipped to Rs 4,582 crore.
Rathore was referring to comments made by an industry representative about paucity of funds being one of the reasons why not much investment is being made into training of journalists.
During May-August, FIIs sold Indian debt and equity holdings worth Rs 27,000 cr. Centre has set a target of Rs 69,500 cr to be raised via strategic sales this year.