Publication |
2014.
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Summary/Abstract |
Recent reports say that the newly elected government led by Narendra Modi has taken the decision to allow 100% Foreign Direct Investment (FDI) in defence production. The government has also signalled plans of further relaxing FDI permits for railway and big infrastructural projects. There is a clear indication that FDI would be one of the main drivers of economic growth in India and ensuring better flow of foreign investments would be a government priority.
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