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Hope for FDI?

Business Standard

Sectors with foreign direct investment (FDI) caps attracted $50.7 billion between April 2000 and August 2012, accounting for 28 per cent of India's FDI inflow of $179.14 billion. If most sectoral caps are withdrawn, as suggested by the Reserve Bank of India, FDI flows might get a boost. Some of the sectoral caps are through legislative Bills, like in insurance, and lifting the ceiling would require Parliamentary approval, which looks difficult in the current situation(Click on graphic)

 

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First Published: Nov 03 2012 | 12:08 AM IST

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