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Govt okays 100% FDI in contract mfg, eases rules for single brand retail

The Union Cabinet also approved 100% FDI under automatic route in coal mining and associated infrastructure

Topics
India FDI inflows | India FDI | FDI

Press Trust of India 



Foreign investors make a strong comeback
Representative Image

In a fresh round of reforms, the government on Wednesday allowed 100 per cent foreign investment in coal mining and contract manufacturing, eased sourcing norms for single-brand retailers and approved 26 per cent overseas investment in digital media as it looked to boost economic growth from a five-year low.

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First Published: Wed, August 28 2019. 18:46 IST

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