FDI inflow still tilted in favour of services sector: India Ratings
Foreign direct investments (FDI) are still highly skewed in terms of states and sectors.
Foreign direct investments (FDI) are still highly skewed in terms of states and sectors.
This year’s Union Budget has raised the sectoral cap in insurance. But a favourable regulatory environment is necessary for some other sectors which have huge potential for growth.
The Budget proposes to raise the 49% cap on foreign direct investment (FDI) in insurance companies to 74%, with governance and management safeguards.
The two countries can work together to achieve their respective long-term goals—sourcing of finished goods for Japan and an increase in manufacturing output for India.
The government is tightening the screws on workarounds under the FDI route. An amendment to the rules reinforces the principle that what cannot be done directly, should not be done indirectly.
The BJP-led Union government introduces changes to FDI norms in e-commerce to create a level-playing field. Industry watchers say the move is in view of the upcoming general election.