To make the economy more robust and free from the resource crunch, the government this time did not disappoint the market and gave a major push to Foreign Direct Investment, FDI in the Budget. The Finance Minister announced a substantial increase in the FDI cap in defence and insurance sectors from 26 per-cent to 49 per cent.
News On AIR | July 21, 2014 7:46 AM
Govt gives major push to FDI in Budget