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English Release 24-May 2013
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- Presidents Secretariat
- We must find answers for reversing the degradation of values, says President
- President’s Buddha Purnima Greetings
- Vice President's Secretariat
- Vice President Greets Citizens on Buddha Purnima
- Prime Minister's Office
- Prime Minister’s Speech at SEBI’s Silver Jubilee Celebration
- PM Greets the Nation on Buddha Purnima
- Min of Agriculture
- Kharif Sowing Crosses 60 Lakh Hectare
- Min of Comm. & Information Technology
- NIELIT, Srinagar will contribute to the growth of J&K, Dr. Killi Kruparani
- Min of Health and Family Welfare
- Janani Shishu Suraksha Karyakram – Saving Mothers and Newborns
- Azad concludes two-day visit to Sweden
- Min of Human Resource Development
- Block Institutes of Teachers Education to be Established in 196 SC/ST/Minority Concentrated Districts
- Min of Petroleum & Natural Gas
- Press Note
- Petroleum Ministry Refutes allegations regarding Proposed Gas Price Revision
- Production Performance of Oil & Natural Gas sector for the month of April, 2013
- Global crude oil price of Indian Basket declines sharply to
99.37/US$ bbl on 23.5.2013
- Min of Power
- Hindi Advisory Committee of Ministry of Power for effective implementation of Official Language
- Ministry of Water Resources
- Storage of Important Reservoirs in the Country (as on 25 April 2013)
- Min of Youth Affairs & Sports
- Financial assistance from National Sports Development Fund to Mary Kom Regional Boxing Foundation, Imphal
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Conference of Ministers and Secretaries of States And Union Territories in-Charge of Sports & Youth Affairs Begins in New Delhi
- Planning Commission
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UIDAI launches Aadhaar based Iris Authentication, eKYC, One Time PIN New Services and Permanent Enrolment Centres
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Ministry of Overseas Indian Affairs06-December, 2012 17:59 IST
Impact of FDI on SMEs
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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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RTS/HSN
(Release ID :90112)
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