Telecom FDI Notification To Be Issued Shortly

Business Standard: Although the government had announced hiking the FDI limit in telecom to 74 per cent several months back, it hadn’t notified the changes. Now it seems they are on the way, only if we can take the junior telecom minister’s statement in the Lower House of Indian Parliament seriously. “The national common minimum programme declares that FDI will continue to be encouraged and actively sought, particularly in areas of infrastructure, hi-tech and exports. Telecommunications sector meets this description. The guidelines for FDI in telecom are expected shortly,

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