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Commerce and Industry Ministry

Nirmala Sitharaman: Govt working on easing FDI norms in construction sector

Nirmala Sitharaman: Govt working on easing FDI norms in construction sector
Commerce and Industry Minister Nirmala Sitharaman has said in a recent statement that the Government is mulling a proposal pertaining to the easing of the norms related to foreign direct investment (FDI) in the construction sector. With Sitharaman disclosing that the Government is currently working on a proposal under which FDI norms in construction development [...] Continue Reading »

NaMo’s well-structured approach to problem solving- welcomed by Commerce, Industry Secretaries

NaMo’s well-structured approach to problem solving- welcomed by Commerce, Industry Secretaries
P.M Narendra Modi has a complete corporate approach. He first assesses the issues in a project, then assigns the task to the ministry concerned, sets up a time line and then follows up with the team regarding issues and bottlenecks and helps them to resolve them. In the same framework Modi met the Secretaries from [...] Continue Reading »

FDI relaxation in construction, railways to be decided by new govt

FDI relaxation in construction, railways to be decided by new govt
The new government will take decisions on the Commerce and Industry Ministry’s proposal to relax foreign direct investment policy in construction and railways. The nine—phase general elections for the 16th Lok Sabha has started from April 7 and counting will be held on May 16. The new government is scheduled to be formed next month. [...] Continue Reading »

Uncertainty over EC approval to easing FDI rules in Rlys, construction

Uncertainty over EC approval to easing FDI rules in Rlys, construction
The Commerce and Industry Ministry has doubt regarding its proposal for easing FDI rules in railways and construction development sectors will get approval from the Election Commission. There are apprehensions that it may not be possible to attach the EC guidelines of not publicizing a decision taken by the Government while the model code of [...] Continue Reading »



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