Indian Government announces FDI in many industries!!

[cloud_9]

At lastttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt they did

 

[Paan Singh]

Here comes the americans now

 

[cloud_9]

Live webcast of all the Declarations Press Information Bureau Live Webcast

 

[Paan Singh]

Geithner is in india ,i think

 

[Abingdonboy]

India forges ahead..............

 

[cloud_9]

FDI in Broadcasting also.

 

[Phoenix89]

Live webcast of all the Declarations Press Information Bureau Live Webcast

Thanks Mate.
This is huge step forward, lets see how it turnaround...

 

[OrionHunter]

UPA government approves FDI in multi-brand retail, aviation, broadcasting and power exchanges - Business News - IBNLive

Finally UPA wakes up..

Excellent!

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!

 

[Kesang]

More good news- Sensex jumps 443 points to 14th month high on global cues, diesel price hike - The Economic Times

This means that investor wealth shot up from 1 lakh crore rupees to 63.63 lakh crore!!!

Looks like investors approve of MMS's plan

Small retail shopkeepers will be affect because of this FDI?

 

[JAT BALWAN]

a drama to attain political martyrdom and to hide scams ....

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...

 

[Kyusuibu Honbu]

Small retail shopkeepers will be affect because of this FDI?

Yes! But on the whole the trade-off is beneficial.

Especially for the agricultural sector.

 

[Marxist]

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?

 

[Paan Singh]

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.

 

[Marxist]

Small retail shopkeepers will be affect because of this FDI?

yes but they can follow the what our farmers are doing

 

[karan.1970]

Target 9% GDP growth Next year... Didi can go fly a kite