On 31 August, India’s cabinet gave ex post facto approval for foreign direct investment (FDI) policy amendments announced by the government on 20 June. [ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”3″ ihc_mb_template=”2″ ]The cabinet stated that the amendments are intended to liberalize and simplify FDI policy to contribute to the ease of doing business leading to larger FDI inflows that aid the growth of investment, incomes and employment.
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