The Bharatiya Mazdoor Sangh and Swadeshi Jagaran Manch had voiced reservations over the government's FDI policy announced in mid-June
Currently, the FDI policy permits 26 per cent FDI in the publishing of newspapers and periodicals
She said they were working on these reforms for couple of months and announced them after final completion of work
Shares of Jagran Prakashan, publisher of the hindi newspapers jumped to 5.1 per cent and the stock closed at a record Rs 182.4 after the news
Current limit is 26%, may go up to 49%
In the monsoon session, therefore, the Congress is likely to do to the BJP, what the BJP did to it in 2012
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