{"id":86242,"date":"2019-08-28T16:03:24","date_gmt":"2019-08-28T10:33:24","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=9587"},"modified":"2019-08-28T16:03:24","modified_gmt":"2019-08-28T10:33:24","slug":"cabinet-to-consider-relaxing-fdi-norms-in-single-brand-retail-digital-media","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/cabinet-to-consider-relaxing-fdi-norms-in-single-brand-retail-digital-media\/","title":{"rendered":"Cabinet to consider relaxing FDI norms in single brand retail, digital media"},"content":{"rendered":"\n<ol class=\"wp-block-list\"><li>The Union Cabinet is considering proposal to relax foreign direct investment (FDI) norms in several sectors.<\/li><li>The sectors include (a)single-brand retail (b)digital media (c)coal mining and (d)contract manufacturing.<\/li><li>In the existing FDI policy,100% foreign direct investment is permitted in the manufacturing sector under the automatic route.But the policy does not talk about contract manufacturing.&nbsp;<\/li><li>Similarly,the government is looking at coming out with a clarification on the applicability of the foreign direct investment policy on the digital media sector.The present FDI policy is silent on the fast-growing digital media segment.<\/li><li>In the single-brand retail sector,the Cabinet will consider a proposal for relaxing rules for complying with the mandatory 30% local sourcing norms by foreign single-brand retailers.<\/li><li>According to the proposal,single-brand retail firms would also be permitted to open online stores before setting up brick-and-mortar shops.Currently,online sales by single-brand retail players is allowed only after the opening of physical outlets.<\/li><li>In the coal mining sector,foreign players would be allowed to mine coal and sell it. Currently, FDI is permitted for captive coal mining only.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>The Union Cabinet is considering proposal to relax foreign direct investment (FDI) norms in several sectors. The sectors include (a)single-brand retail (b)digital media (c)coal mining and (d)contract manufacturing. In the existing FDI policy,100% foreign direct investment is permitted in the manufacturing sector under the automatic route.But the policy does not talk about contract manufacturing.&nbsp; Similarly,the&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/cabinet-to-consider-relaxing-fdi-norms-in-single-brand-retail-digital-media\/\">Continue reading <span class=\"screen-reader-text\">Cabinet to consider relaxing FDI norms in single brand retail, digital media<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3820,3391,3821],"class_list":["post-86242","post","type-post","status-publish","format-standard","hentry","category-economy","tag-coal-sector","tag-fdi","tag-single-brand-retail","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704643550},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86242"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86242\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}