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Govt to ease FDI in print media, construction, retail

Commerce and industry ministry may soon approach Union Cabinet to get final approval on proposals

Press Trust of India  |  New Delhi 

The government is moving ahead with further opening of print media, construction and retail sectors to foreign investments, and detailed deliberations in this regard were held in the finance ministry on Wednesday. The commerce and industry ministry may soon approach the Union Cabinet to get the final approval on the proposals, sources said. According to them, the government is considering to relax foreign direct investment (FDI) norms in certain areas of print media. Currently, government allows foreign investment in areas such as printing of newspapers and publishing of scientific ...

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First Published: Wed, May 17 2017. 18:47 IST
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