Union Cabinet permits 51% FDI in multi-brand retail and 49% FDI in Aviation
Published: September 15, 2012
- Cabinet allowed 51% FDI in multi-brand retail and also 49% FDI in the aviation domain.
- But the Govt left it to the state governments to allow establishment of multi-brand retail stores.
- FDI limit on various streams of broadcast services has also been raised by up to 74%.