Thursday 22 May 2014

FDI in railways and e-commerce

The plan was to allow 100% FDI in high-speed train systems, suburban corridors, high-speed tracks and freight lines connecting ports and mines. But, the UPA government did not clear the proposal.

The issues are going to be presented before Narendra Modi, when he meets secretaries from the key ministries to take stock of the situation. He is also expected to state the BJP government's stand clear on FDI in multi-brand retail, which the party has repeatedly opposed, including in its election manifesto.

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