The Union Cabinet has approved changes to the Foreign Direct Investment (FDI) Policy, and increased avenues and limits for foreign investment in certain sectors. These are:
- construction development projects
- civil aviation
- petroleum & natural gas
- commodity exchanges
- credit information companies
- mining
- industrial parks.
For details, see reports in Business Standard and LiveMint.
One sector that is conspicuous by its absence in the recent review is retail trade.