- The small scale sector has historically been important for employment generation in India. - Policies regarding foreign direct investment (FDI) are part of a country's overall economic strategy. - The 24% limit was a specific policy decision for the SSI sector during that era.
Foreign Equity holding allowed in small scale sector in 1995-96 is :
Asked in UPPCS Prelims 1995 · Topic: Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) (Sectoral Caps, Conditions, and Prohibited Sectors for FDI and FPI)
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Answer: B. 24%
Read the notes: Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) →
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