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Govt mulls FDI liberalisation to bring more crops under plantation sector
The government is considering liberalising foreign direct investment (FDI) norms in the plantation sector by bringing more commercial crops under the ambit, an official said. The Commerce and Industry Ministry is holding stakeholder consultations on the issue, the official said. "We are looking for more FDI liberalisation in the plantation sector like banana," the official added. At present, 100 per cent FDI under automatic route is permitted in the tea sector, including tea plantations, coffee…
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