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Modi government allows 100 per cent FDI in retail, with caveats

To promote make in India scheme, the Narendra Modi government is considering allowing 100 per cent foreign direct investment (FDI) in multi-brand retail as long as the products are made in India. The policy is unlikely to be termed “FDI in multi-brand retail” as the Bharatiya Janata Party (BJP) is opposed to the idea and had promised in its 2014...

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