Large Chinese FDI only in sectors critical for India

New Delhi: Chinese investments in sectors critical for India or where local companies don’t have adequate capacity will be considered for approval but the country is unlikely to adopt an open-door policy any time soon, according to people familiar with the matter. This is part of a three-pronged standard operating guideline the administrative ministries will […]

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Cess introduced in budget will boost states’ agri infra: Govt

The agri cess introduced in the Union Budget 2021-22 will finally go towards boosting APMC mandis and related farming infrastructure, all of which are governed by states, a top government functionary said on Tuesday, rejecting criticism that the cess deprives states of revenue as its receipt entirely falls in the Centre’s kitty. Official sources also […]

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