In a significant move to boost foreign investment in Uttar Pradesh, the state cabinet meeting chaired by Chief Minister Yogi Adityanath here on Monday, approved amendments to the Incentive Policy 2023 for FDI (Foreign Direct Investment) and investment of Fortune 500 companies.
It has been rightly held that Amazon acquired control of Future Retail by virtue of its arbitrary dominance in Future Coupon Limited and in the absence of any Government approval, it is contrary to FEMA & FDI rules, according to CAIT.
It urged the Prime Minister that an e-commerce policy should be announced immediately with an explicit provision of an empowered regulatory authority to monitor the sector's business in India.
FDI in India grew by 15 per cent to $30 billion during the first half of the current fiscal.
A more liberal FDI policy is currently under consideration to attract FDI in defence sector, sources said. The aim is…
The Union Cabinet will soon take a call on the winding up of the 25-year-old Foreign Investment Promotion Board (FIPB),…
The government is actively considering a proposal to allow FDI in non-food items, along with food products, under the multi-brand…
