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FDI Reforms of Modi 2.0 – Good News for the Economy

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Aahana Ashi
FDI Reforms of Modi 2.0 – Good News for the Economy

The recent decision by the union cabinet to relax FDI norms in certain sectors will be helpful in reviving investment growth in the economy.

The move will have a substantial bearing on the long-term GDP growth of India.

We analyse how the slew of measures announced will help in bringing the economy back on track.

The move will attract foreign players in the commercial coal mining sector and will make the sector competitive.

Allowed 100 per cent Foreign Direct Investment (automatic) in contract manufacturing

The manufacturing sector is the chief engine of growth and a potential employment generator.

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Aahana Ashi
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