Govt to soon consider relaxing FDI norms in single brand, digital media
Govt to soon consider relaxing FDI norms in single brand, digital media According to sources, the Union Cabinet would soon consider these issues for approval Current Affairs :- The administration will before long think about loosening up remote direct speculation (FDI) standards in a few areas, including single-brand retail exchanging and computerized media, to pull in abroad players, sources said. Different segments where FDI guidelines would be facilitated are coal and contract producing. As per sources, the Union Cabinet would before long think about these issues for endorsement. The legislature may permit 100 percent FDI in contract producing, as indicated by the proposition. In the current outside venture arrangement, 100 percent remote direct speculation is allowed in the assembling division under the programmed course. A maker is additionally permitted to sell items fabricated in India through discount and retail channels, including through internet business...