FDI in Telecom Sector: Cabinet Allows 100% Foreign Direct Investment With Safeguards
Cabinet allows 100 percent FDI in telecom sector with safeguards, says Telecom Minister Ashwini Vaishnav.
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In a relief for the telecom sector, the Narendra Modi government on Wednesday approved 100 percent Foreign Direct Investment(FDI) with safegurads. The announcemnet was made by Ashwini Vaishnav. The government also approved a relief package for the sector, including a four-year moratorium on payment of statutory dues by telecom companies.
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Cabinet allows 100 pc FDI in telecom sector with safeguards: Telecom Minister
— Press Trust of India (@PTI_News) September 15, 2021
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(The above story first appeared on LatestLY on Sep 15, 2021 03:38 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
