The government today said it has cleared 14 FDI proposals worth 113.35 crore rupees including three from the pharmaceutical sector. Finance Ministry in a statement said, the Foreign Investment Promotion Board (FIPB) in its meeting held on September 18 approved 14 FDI proposals, which include 3 proposals worth 81.05 crore rupees in pharmaceuticals.

Among others, the board, headed by Department of Economic Affairs Secretary Arvind Mayaram, cleared the proposal of United Kingdom-based Dashtag to increase foreign equity valued at 68.22 crore rupees.