Business StandardCenter·
Streamlined approvals, KYC norms will help boost FDI flows: Piyush Goyal
Improvements in processes and procedures, more efficient KYC norms, and streamlined approvals will facilitate a faster flow of foreign direct investment and provide greater comfort to investors, Commerce and Industry Minister Piyush Goyal said on Thursday. There are very few sectors where foreign direct investment (FDI) is restricted, and the government is open to ideas from industry to further improve the investment regime, he said. "Our focus is on process and procedures...There is a tremendo…
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