Tuesday, June 21, 2016

Govt Goes for Growth, FDI Opened Up

The Modi govt has announced some big changes to foreign direct investment in India, opening up various major sectors to 100% foreign ownership:



In the wake of the RBI governor Rajan's departure, the govt is going all-out for growth.


FDI in defense sector is particularly important, given that China is increasingly breathing down our necks.

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