India eases foreign direct investment norms in 15 major sectors to attract overseas funds and boost economic growth

India eases foreign direct investment norms in 15 major sectors to attract overseas funds and boost economic growth

The National Democratic Alliance (NDA) government eased foreign direct investment (FDI) norms across 15 sectors, including defence, civil aviation and broadcasting, to attract overseas funds and boost economic growth, signalling that the ruling coalition will not allow the electoral debacle in Bihar to come in the way of economic reform.

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