Bombay HC: Clarifies Procedure for Executing Foreign Decrees || Supreme Court: Bureaucratic Delay No Excuse || Supreme Court Grants Full Disability Pension Arrears to Veterans || Delhi HC: Workman Cannot Claim Section 17(B) of the ID Act Wages after Reaching Superannuation Age || Allahabad HC: Caste by Birth Remains Unchanged Despite Conversion or Inter-Caste Marriage || Delhi High Court: Tweeting Corruption Allegations Against Employer Can Constitute Misconduct || Delhi High Court: State Gratuity Authorities Lack Jurisdiction over Multi-State Establishments || Kerala High Court: Arrest Grounds Need Not Mention Contraband Quantity When No Seizure is Made || SC: Silence During Investigation Does Not Ipso Facto Mean Non-Cooperation to Deny Bail || Supreme Court: High Courts Cannot Re-Examine Answer Keys Even in Judicial Service Exams

‘Make in India’ eased for FDI in single brand retail - (20 Jun 2016)

MANU/PIBU/0497/2016

Commercial

The Central government took further steps liberalising norms for foreign direct investment in single brand retail.

Aside from more sectors of the economy being opened to the automatic approval route, local sourcing norms – bugbear for many international brands – have been eased for three years.

Notable is up to 100 per cent foreign investment in the defence sector, up from 49 per cent; media broadcasting services, civil aviation, and, of course, single brand retail.

Tags : FDI RETAIL RELAXED NORMS

Share :