The Government has initiated formal consultations on reviewing foreign direct investment norms with a meeting between Finance Minister P. Chidambaram and Commerce Minister Anand Sharma.
Now, the Department of Industrial Policy and Promotions (DIPP) will hold a discussion with 15 ministries. This discussion will conclude tomorrow.
Then the matter will be taken to the Prime Minister. Discussions will be based on the Mayaram Committee’s suggestions on reviewing sectoral FDI caps.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.