Wednesday, March 2, 2016

Big bang reforms in FDI guidelines

                                                                           

To facilitate ease of doing business for foreign investors and their domestic recipients, the Union Budget 2016-17 has proposed liberalisation of foreign direct investment (FDI) norms in a host of sectors.
These include insurance, pension, Asset Reconstruction Companies (ARC), stock exchanges, marketing of food products, listed Central Public Sector Enterprises (CPSE) except banks and areas governed by financial sector regulators, falling beyond the 18 specified NBFC activities.

for more read at:-
 http://www.thehindu.com/todays-paper/tp-national/big-bang-reforms-in-fdi-guidelines/article8297877.ece via NMApp