The Government today cleared 21 FDI proposals, which will bring in Rs 85 crore.
The largest FDI of Rs 63 crore will be brought in by the world's biggest chemical company Germany-based BASF SE.
Also, the Government deferred 14 proposals including one by Vijay Mallya-run United Breweries to raise Rs 708 crore through issuing convertible warrants to FirStart Inc British Virgin Islands.
Seven proposals were rejected by the Government on the recommendation of the Foreign Investment Promotion Board.
