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%.

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