English Release 23-April 2014
- Election Commission
Overall Facts at A Glance of 6th Polling Day on 24th April, 2014
- Facts at a Glance: Jammu & Kashmir (6th Poll Day)
- Min of Civil Aviation
DGCA Allows Use of Cellphone During Flight
- Min of Personnel, Public Grievances & Pensions
- Min of Petroleum & Natural Gas
- Production Performance of Oil & Natural Gas sector for the month of March, 2014
- Global crude oil price of Indian Basket increased to US$ 107.08 per bbl on 22.4.2014
- Ministry of Railways
- Mobile and Desktop APP on Windows 8.0 for National Train Enquiry System (NTES) Commenced
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.
(Release ID :90112)