Govt clears 100% FDI in defence, telecom7 min read . Updated: 17 Jul 2013, 07:42 AM IST
Govt raises FDI limits in 12 sectors; more investments will be allowed through the automatic route
New Delhi: In a bold decision that could lead to a political backlash, the Congress-led United Progressive Alliance (UPA) has, with a few caveats, allowed 100% foreign direct investment (FDI) in defence and telecom.
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