January 10, 2018 01:51 pm | Updated 01:55 pm IST - NEW DELHI
The Cabinet has reviewed the FDI policy on Wednesday
The Union Cabinet on Wednesday cleared a proposal allowing 100% foreign direct investment (FDI) in single-brand retail via automatic route, government spokesperson Frank Noronha said.
The Cabinet also eased FDI rules for the aviation and the construction sectors, he said, but did not elaborate. A formal notification is expected later on Wednesday.
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