Investment Board To Take Up 15 Proposals On September 26


New Delhi: The Foreign Investment Promotion Board (FIPB) will choose 15 remote speculation proposition, including those by Idea Cellular Infrastructure Services and Sharekhan, on September 26. 

The 240th meeting of the Foreign Investment Promotion Board (FIPB), to be led by Economic Affairs Secretary Shaktikanta Das, will have 15 things on the plan. 

These incorporate venture uses of Limpkin Telecom, Perrigo API India, Flag Telecom Singapore, IBM India, BT Global Communication (Mauritius), Morgan Stanley India Primary Dealer, and BNP Paribas Asset Management India. 

India permits FDI in many parts through the programmed course, yet in specific sections considered touchy for the economy and security, the recommendations must be initially cleared by the FIPB. 

The administration has taken slew of measures in the later past to help remote direct venture into the nation. On June 20, the administration had "profoundly changed" the FDI administration with the target of giving real driving force to vocation era in India. 

This was the second enormous change after some significant changes declared in November 2015. 

The legislature has said measures attempted by it brought about expanded FDI inflows at $55.46 billion in 2015-16, as against $36.04 billion in 2013-14.

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