As it shows a continuation of reform momentum
A new law that would govern all aspects of foreign direct investment and end the licence raj prevalent in the FDI regulatory system will improve the country's investment climate
Everyone's waiting for the fine print but it looks like the policy will be subject to the same multi-brand conditions
Allowing foreign players to directly compete with Indian players with the latter not equipped with the necessary technology would leave them hobbled
Modi's recent visit to the US included major investment announcements by companies such as Amazon and Star India
Their protests made govt stall GM seeds trials, drop land Bill amendments and heed their view on patent laws
However, overall global FDI in 2016 is expected to decline by 10-15% due to weak economic prospects
It said FDI in defence sector will push India to dependence on US- Israeli clique and have adverse impact on our security, sovereignty
FDI push for 9 sectors, 100% inflows in aviation & DTH; Easier sourcing norms for single-brand retail; Norms relaxed in defence, pharma via automatic route
Asked why the government chose to make the announcements on Monday when there was a 'hangover' of Rajan's decision to leave RBI
Officials said in the case of pisciculture and aquaculture, 100 per cent FDI was allowed through the automatic route but under controlled conditions
The earlier policy allowed FDI beyond 49 per cent under the approval route on a case-to-case basis
Opposition parties such as the Congress, CPI (M) and TMC also opposed the move to increase the FDI limit in the defence sector
Higher valuations and foreign partner will lift investments, expansion, business capabilities
The Centre has introduced changes in its FDI regime and opened up a few more sectors, where FDI can be pumped in
New Delhi would become Asia's 3rd-largest economy the most open in the world
A look at all the changes that have been introduced for different sectors as per the new FDI regime
Relaxes conditions in defence FDI, sourcing norms in single-brand retail up to five years
Food Ministry asks for putting a condition of investing 25% of foreign inflows for creating agriculture infrastructure