CLR Snippets | Examination of Hike in FDI in Defence Sector
The proposal was to allow FDI to go up to 49%, inclusive of portfolio flows, in defence production. FDI up to 26% is permissible in the defence sector, subject to licensing. However, wherever FDI beyond 26% is likely to result in access to modern and state-of-the-art technology into the country, decisions can be taken to allow… Read More
Tags: Anand Sharma, Cabinet Committee, FDI, foreign direct investment, Foreign Investment Promotion Board, India, Manmohan Singh, Retail
CCI advises Security Agencies to adhere to approved timelines for grant of security clearances
The Cabinet Committee on Investment today directed various security agencies to adhere to the timeline of 12 weeks already approved by the Cabinet Committee on Security, for grant of security clearances for port infrastructure improvement projects. In the year 2012-13, 32 projects were awarded resulting in capacity addition of 136.75 MTPA and involving an investment… Read More
Tags: Cabinet Committee, Government of India, India, Public–private partnership, Purchasing power parity, Security clearance, Shipping Ministry
Cabinet Committee on Investment resolves bottlenecks in road development sector
The Cabinet Committee on Investment was informed today that some of the bottlenecks identified by the Ministry of Road Transport and Highways (MoRTH) for the fast-track implementation of National Highways Development Project (NHDP) have now been removed as a result of the efforts made by the Ministry. Other unresolved issues fall in the domain of other… Read More
Tags: Cabinet Committee, Environment, India, National Highways Development Project, Planning Commission, PPP, Public–private partnership
Year-on-Year Foreign Investment Requirement as a % of GDP
Increase in Capital Investment Various factors including the rates of savings and investment, productivity of resources, adoption of technology, availability of human capital and infrastructure, cost of finance, foreign trade and demand for the domestic product, capital flows, governance, nature of economic and regulatory institutions etc, influence the growth rate of an economy. Reducing impediments… Read More
Tags: Cabinet Committee, Economic growth, Economy of India, foreign direct investment, GDP, Government, Gross domestic product, Reserve Bank of India
CCI is Monitoring Critical and High Investment projects
The Cabinet Committee on Investment today reviewed the status of twenty projects with investment of Rs.1000 crore or more which were pending for different types of approvals and clearances with a view to expediting decisions on approvals and clearances. The projects were identified in transmission, hydro and thermal sector where various clearances are pending mostly… Read More
Tags: Cabinet Committee, Cabinet Secretariat, cci, Coal Ministry, Highland Clearances, Investment, Ministry of Environment & Forests, Power Ministry