The Cabinet Committee on Economic Affairs has cleared UK-based company Vodafone's proposal to buy out minority shareholders in its Indian arm for 10,141 crore rupees. This is single largest foreign investment in the telecom sector.The Foreign Investment Promotion Board had in December last year cleared the proposal of CGP India, an indirect Mauritian subsidiary of Vodafone International Holdings BV, to hike stake to 100 per cent from the present 64.38 per cent. Last year, the government had allowed 100 per cent FDI into the telecom sector.