While other options like Gambling, Lottery, Chit funds, and Nidhi companies generally remain restricted or prohibited for FDI in India, FDI policy changes concerning Retail Trade were a significant development during that timeframe.
Most recently, FDI has now been opened in which of the following sectors in India ?
Asked in UPPSC Upper Mains 2010 · 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: D. Retail trade
Read the notes: Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) →
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