Cabinet approves 26% FDI in digital media
The Union Cabinet announced major reforms, including easing local sourcing norms for FDI in single-brand retailing
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Published: Aug 28, 2019 8:12 PM | 1 min read
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The Union Cabinet has announced the approval of 26 per cent Foreign Direct Investment (FDI) in digital media, subject to government approval.
At a meeting held on Wednesday, August 28th, the Union Cabinet announced major reforms, including the incorporation of e-commerce in India and easing local sourcing norms for FDI in single-brand retailing, among others.
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