Thursday, July 18, 2013

Foreign Direct Investment-New Changes

The following are the Decisions taken on FDI in the meeting chaired by the Prime Minister on 16.7.2013 

Sector
Cap
49%
Automatic
2. Commodity Exchanges
49%
49%
Automatic
4. Stock Exchanges, Depositories, Corporation
49%
Automatic
5. Asset Reconstruction companies
Upto 49%
49% to 100%
Automatic
6. Credit Information companies
74%
Automatic
7. Single Brand Retail trading
Upto 49%
49% to 100%
Automatic
FIPB
8. Basic and Cellular Services, etc.
Upto 49%
49% to 100%
Automatic
 FIPB
100%
Automatic
10. Defence Production

CCS may approve proposals on case to case basis beyond 26% which are likely to result in access to modern and state of the art technology in the country.


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