What is allowed? 100% FDI is allowed in single brand retail. What are the restrictions? Companies that own more than 51% ownership must source 30% good from India and even in this the medium, small and micro industries should be the ones that are preferred. What are the changed norms now? Changing the sourcing norms, …
Changes in FDI policy are meant to liberalise and simplify the FDI policy so as to provide ease of doing business in the country. Its main aim is to allow larger FDI inflows in the country that will contribute to growth of investment, incomes and employment. FDI norms for following nine sectors have …
Context: Government has decided to permit 100 per cent FDI under government approval route for trading of food products Permission has been granted only with respect to food products manufactured or produced in India Permission is also granted to trading of food products through e-commerce Why this is done? India’s supply chain infrastructure like processing …
Government has allowed 100% FDI in e-commerce entities running online marketplaces. FDI in multi-brand retail is still not allowed which means that e-commerce companies cannot sell products of their own brands. They can only act as a marketplace and facilitate sellers of other brands. What more provisions are included? Marketplace will not have any relation …
Facts: During 2000-2011, exports grew at an annual rate of 21 % and 24 %, for goods and services, respectively. Stagnation in exports of goods during and decline in services exports during 2012-19. Decline as a percentage of GDP: From 25 % in 2012 to 19 % in 2019. Low share in the world: India accounts for …