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The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, Government of India recently released the new consolidated foreign direct investment (FDI) policy.
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The Indian Government is focused on promoting brand "Make in India". This agenda has manifested into various regulatory and policy reforms which aim to provide an investor friendly ecosystem.
In India, All India Radio – the public service broadcaster, had monopoly on Radio Broadcast, till a couple of years back. In May 2000, the Government of India opened the Sector for participation by the private FM broadcasters and offered 108 frequencies in 40 cities for open tender bidding. At present, 21 private FM stations are on the air in 12 cities.
The Government of India ("GOI") has allowed for 100% Foreign Direct Investment ("FDI") in the education sector under the automatic route.
The literal meaning of laundering is washing or cleaning dirty clothes.
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At present, India has probably one of the most liberal investment regimes amongst the emerging economies with a conducive foreign direct investment (FDI) environment.
Earlier this month, the government of India eased restrictions on foreign direct investment in India with a view to promoting the ‘Make in India' and ‘Startup India' initiatives.