67 FDI proposals worth â¹11,700 crore cleared in Apr-Dec
Union Minister P Radhakrishnan has said the government has cleared 67 Foreign Direct Investment (FDI) proposals worth â¹11,703 crore during the first nine months of this fiscal. Mauritius was the largest source of FDI in India in 2016-17, according to an RBI census. Further, the government has now cleared a proposal allowing 100% FDI in single-brand retail via automatic route. 