For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Govt to revisit FDI caps in different sectors: Finance Minister

By Religare
|
Govt to revisit FDI caps in different sectors: Minister
Finance Minister P Chidambaram has said that FDI limits in sectors where ceilings are not serving their intended purpose will be revisited.
 

Speaking at a meeting of the Parliamentary Consultative Committee of the Ministry of Finance, Chidambaram said, "The government is looking at FDI caps to see if they are indeed serving the purpose. Otherwise, the caps could be revisited."

The agenda for the meeting was 'The Current Account Deficit- Implications and Measures to Contain the Deficit.'

Government is keen on increasing foreign direct investment (FDI) ceilings to attract more inflows and finance the widening current account deficit (CAD).

Read more about: fdi chidambaram
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more