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English Release 20-December 2014
Date Month Year
  • Prime Minister's Office
  • Prime Minister Congratulates Indian men and women Kabaddi teams for winning Kabaddi World Cups
  • PM attends meeting of Somnath Trust
  • Min of Home Affairs
  • H.P. Chaudhary advises SSB to face challenges with commitment and confidence
  • Min of Information & Broadcasting
  • Shri Arun Jaitley inaugurates Multimedia Exhibition on Former Prime Minister Shri Atal Bihari Vajpayee
  • Min of Parliamentary Affairs
  • Winter Session of Parliament enters final lap; Rajya Sabha still to decide on crucial Bills Lok Sabha’s productivity rises to 105% while that of Rajya Sabha declines to 68% Lok Sabha so far clears a record 17 Bills and Rajya Sabha only 11 Introduction of GST Bill in Lok Sabha, passing of labour reform Bills mark the high points of session
  • Min of Personnel, Public Grievances & Pensions
  • ACC Appointments
  • Min of Road Transport & Highways
  • Nitin Gadkari calls upon the Industry to invest in development of Inland Waterways
  • Min of Urban Development
  • National Level City Stakeholder Consultation held to finalize guidelines for HRIDAY Scheme; Shri Venkaiah Naidu emphasizes that the future development of any city must take into consideration its nature, history, and culture
  • LED based energy efficient smartstreet lights launched in Delhi by the Union Urban Development Minister Shri M.Venkaiah Naidu; Says that the Government is committed to work for development and betterment of the masses

Previous Date

 
Ministry of Overseas Indian Affairs06-December, 2012 17:59 IST
Impact of FDI on SMEs

The existing policy, allows for 100 per cent Foreign Direct Investment (FDI), in single-brand trade, subject to the condition that in respect of proposals involving FDI beyond 51 per cent, sourcing of 30 per cent of the value of goods purchased, will be done from India, preferably from micro, small & medium enterprise (MSMEs), village and cottage industries, artisans and craftsmen, in all sectors as per Circular 1 of 2012 – Consolidated FDI Policy of DIPP.

FDI complements and supplements domestic investment. The small and medium enterprises (SMEs) would be benefited through FDI, by way of enhanced access to supplementary capital & state-of-the-art technologies, exposure to global managerial practices and technologies as well as opportunities for integration into global markets.

As per existing policy, FDI in MSEs (as defined under Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act, 2006) is subject to the sectoral caps, entry routes and other relevant sectoral regulations.

This information was given by the Minister of State (Independent Charge) for Micro, Small and Medium Enterprises, Shri K. H. Muniyappa in a written reply to a question in the Lok Sabha today.

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