India approves 13 foreign investment proposals

By KUNA,

New Delhi : Indias Finance Minister P Chidambaram Friday approved 13 Foreign Direct Investment (FDI) proposals as part of the governments efforts to boost the countrys economy.


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The proposals were recommended by Foreign Investment Promotion Board (FIPB) in its meeting held on June 4, an Indian Finance Ministry statement said here today.

“The proposals are related to Ministries and Departments of Chemicals Petro-chemicals, Industrial Policy Promotion, Information Broadcasting, Urban Development, Tourism and Economic Affairs,” the statement added.

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