There was agreement on the following proposals:
|
Sector |
Cap |
Route |
|
1. Petroleum and Natural Gas and Refining |
49% |
Automatic |
|
2. Commodity Exchanges |
49% |
Automatic |
|
3. Power Exchanges |
49% |
Automatic |
|
4. Stock Exchanges, Depositories, Corporation |
49% |
Automatic |
|
5. Asset Reconstruction companies |
Upto 49% 49% to 100% |
Automatic FIPB |
|
6. Credit Information companies |
74% |
Automatic |
|
7. Single Brand Retail trading |
Upto 49% 49% to 100% |
Automatic FIPB |
|
8. Basic and Cellular Services, etc. |
Upto 49% 49% to 100% |
Automatic FIPB |
|
9. Courier Services |
100% |
Automatic |
|
10. Defence Production |
CCS may approve proposals on case to case basis beyond 26% which are likely to result in access to modern and state of the art technology in the country. |
CAclubindia
