Govt Announces Big-Bang FDI Reforms
- 8 years ago
The Centre on Monday opened the floodgates for dollar rush hiking the foreign investment cap in critical sectors like defence, aviation, pharmaceuticals and DTH services. As per the new norms, non-aviation foreign companies will be allowed to own up to 100 per cent in scheduled carriers, while MNCs can invest in airport development as well. Here's a detailed report.