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Indian Government announces FDI in many industries!!

At lastttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt they did :tup:
 
Excellent!
happy-047.gif
That's the best news from an otherwise dismal scenario! Screw the naysayers! Now we need to open up insurance and other sectors too.

Cheers!
drinking-48.GIF
 
But bro I like these kind of dramas...

Scams will happen in here & no body can stop them but if they do something like this we find some relief in life...

mere eyewash dear ...govt dont have numbers to push such reforms they know that ,then why the sudden this drama?
 
New Delhi: Cabinet on Friday decided to operationalise 51 percent FDI in multi-brand retail but left it to the state governments to allow setting up of such stores.

The Cabinet headed by Prime Minister Manmohan Singh cleared the decision at a meeting this evening, a Union minister, who asked not to be identified, said here.

For single-brand retail, the Cabinet decided that any firm seeking waiver of the mandatory 30 percent local sourcing norms would have to set up a manufacturing facility in the country, the minister added.

In November last year, the government had approved 51 percent FDI in multi-brand. This was, however, put on hold due to political opposition, including from UPA constituent Trinamool Congress.

The minister said since the implementation of the decision was put on hold, it had to go to the Cabinet again before going ahead with the decision.
 

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