Is FDI really going to be beneficial for India?
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In a major step aimed at boosting the Indian civil aviation sector, the Cabinet Committee of Economic Affairs relaxed the Foreign Direct Investment (FDI) norms in aviation which will allow foreign aviation companies to invest in Indian aviation companies. For more info click here http://www.indian-economy.ibef.org/Indian-government-relaxes-FDI-norms-in-Aviation-sector.aspx
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