June 19th, 2013 9:14 AM 18 COMMENTS

Govt. Committee Proposed 100% FDI in Telecom

By a Parliamentary Consultive Committee set by the Finance Ministry has proposed raising the cap (or removing) on Foreign Direct Investment (FDI) in different sectors to push country's economy. They proposed 100% FDI in telecom, retail and broadcast and on defence 49% FDI (now FDI is allowed 74% on telecom and broadcast, 51% on retail and 26% on defence). The committee headed by Arvind Mayaram, Union Economic Affairs Secretary has... Read More

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bharat khanna :

where are the plans?no details , whats new whats changed?

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