Cabinet Approves Easing Of FDI Norms
  • Nikita Setia
  • Aug 02 2013

The Cabinet has cleared a relaxation of FDI norms in multi-brand retail, which revolves around back-end infrastructure, investments, sourcing and store openings. Bloomberg TV India reports that the government has eased the cap on FDI in certain key sectors in a bid to get more foreign investments. This segment of Newsroom puts the latest FDI reforms in context keeping in mind the current economic scenario.