(Premium) Gist of Press Information Bureau: November 2013

Premium - Gist of Press Information Bureau: November 2013

CABINET DECISION

The Union Cabinet approved the proposal for review of Foreign Direct Investment (FDI) caps and routes in various sectors.

The Government has decided to amend the provisions relating to the FDI caps and routes in various sectors as under:

1. Petroleum & Natural Gas

(Petroleum refining by the Public Sector Undertakings (PSU), without any disinvestment or dilution of domestic equity in the existing PSUs.)

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