New Delhi, Feb. 10 -- In a bid to attract higher foreign direct investment (FDI) inflows, the government is considering further easing procedural norms in select sectors, a senior official has confirmed.
The Department for Promotion of Industry and Internal Trade (DPIIT) has concluded stakeholder consultations, gathering insights fr0m government bodies, regulators, industry associations, and investment firms.
"We have completed the consultations and received various suggestions on procedural improvements. However, final decisions are yet to be made," the official stated, without disclosing specific sectors under review.
Among the key issues discussed were allowing e-commerce platforms to receive FDI under an inventory-based model for e...
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