FDI in different sectors

Press Information Bureau
Government of India
* * * * *
Ministry of Commerce & Industry
FDI in different sectors
New Delhi: March 3, 2010.

The Government has put in place a liberal and investor friendly policy
on Foreign Direct Investment (FDI) under which FDI upto 100% is
permitted on the automatic route in most sectors/activities.  The
policy on FDI is reviewed on an ongoing basis through an
inter-ministerial consultation / process, with a view to
rationalize/simplify the policy and to attract FDI in more industries
and sectors. The Government's decisions on FDI policy are notified by
way of Press Notes which are available at the website of the
Department of Industrial Policy & Promotion:
http://siadipp.nic.in/policy/changes.htm.

Foreign Direct Investment (FDI) complements and supplements domestic
investment. Domestic companies are benefited by FDI by way of capital,
state-of-art technology and best managerial practices so that they
have better access to foreign technology and get opportunity of
integration into the global market.

This information was given by Shri Jyotiraditya M Scindia, Minister of
State for Commerce and Industry, in a written reply in the Rajya Sabha
today.

rj/mrs/dk/kol/15:09 hrs.

Press Information Bureau
Government of India
* * * * *
Ministry of Defence
Kiran of Sagar Pawan aerobatic team crashes at Hyderabad
New Delhi: March 3, 2010.

During an aerobatic display by the Navy's Sagar Pawan Aerobatic Team,
a Kiran Mk II crashed in Hyderabad. The pilots, Commander SK Maurya
and Lieutenant Commander Rahul Nair were both killed in the crash.
Both pilots were based at Goa. A Board of Inquiry is being ordered to
investigate into the circumstances leading to the crash. The other
three aircraft in the formation landed safely.

pvs/dk/kol/15:09 hrs.

--
Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/