With rise in economy the country’s market is fetching more number of FDI proposals as compared to the last couple of years. On a short note with www.propertykhazna.com Jyotiraditya M Scindia – commerce and Industry ministry states that this year country has received roughly 240 proposals of FDI among which 200 applications are accepted where as 14 applications are completely discarded and other 6 are at the stage of either withdrawn or blocked.
The commerce and industry minister further adds that, among all these there are also 29 applications which are under various stages of consideration and will be released soon after the completion of fourth session of parliament. Source reported at www.propertykhazana.com also reveals that, for last 3 year the FDI proposals has rose up to 1100, of which 286 were applied on 2006, 393 for 2007 and 424 has been calculated for 2008.
Coming to the financial issue the govt. has received nearly 90 billion US dollars from these approvals for the period of April 2000 to March 2009 ranging with all the major business segments of the country starting with telecom to that of chemicals. For more updates visit www.propertykazana.com.
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