This post is for Current Affairs Govt liberalises FDI limits in 12 sectors. The Foreign Direct Investment cap for civil aviation was, however, left unchanged at 49 per cent.
1. FDI cap in telecom raised to 100 percent from 74 percent; up to 49 percent through automatic route and beyond via FIPB
2. No change in 49 percent FDI limit in civil aviation
3. FDI cap in defence production to stay at 26 percent, higher investment may be considered in state-of-the-art technology production by CCS.
4. 100 percent FDI allowed in single brand retail; 49 percent through automatic, 49-100 percent through FIPB
5. FDI limit in insurance sector raised to 49 percent from present 26 percent, subject to Parliament approval
6. FDI up to 49 percent in petroleum refining allowed under automatic route, from earlier approval route
7. In power exchanges 49 percent FDI allowed through automatic route, from earlier FIPB route.
8. Raised FDI in asset reconstruction companies to 100 percent from 74 percent; of this up to 49 percent will be under automatic route
9. FDI limit increased in credit information companies to 74 percent from 49 percent
10. FDI up to 49 percent in stock exchanges, depositories allowed under automatic route
11. FDI up to 100 percent through automatic route allowed in courier services
12. FDI in tea plantation up to 49 percent through automatic route; 49-100 percent through FIPB route
13. No decision taken on FDI cap in airports, media, brownfield pharma and multi-brand retail.
1. FDI cap in telecom raised to 100 percent from 74 percent; up to 49 percent through automatic route and beyond via FIPB
2. No change in 49 percent FDI limit in civil aviation
3. FDI cap in defence production to stay at 26 percent, higher investment may be considered in state-of-the-art technology production by CCS.
4. 100 percent FDI allowed in single brand retail; 49 percent through automatic, 49-100 percent through FIPB
5. FDI limit in insurance sector raised to 49 percent from present 26 percent, subject to Parliament approval
6. FDI up to 49 percent in petroleum refining allowed under automatic route, from earlier approval route
7. In power exchanges 49 percent FDI allowed through automatic route, from earlier FIPB route.
8. Raised FDI in asset reconstruction companies to 100 percent from 74 percent; of this up to 49 percent will be under automatic route
9. FDI limit increased in credit information companies to 74 percent from 49 percent
10. FDI up to 49 percent in stock exchanges, depositories allowed under automatic route
11. FDI up to 100 percent through automatic route allowed in courier services
12. FDI in tea plantation up to 49 percent through automatic route; 49-100 percent through FIPB route
13. No decision taken on FDI cap in airports, media, brownfield pharma and multi-brand retail.
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