ENA Economy 2016-06-20 11:51:27 <p><strong>New Delhi, June 20 (KNN)</strong> With an endeavour to make India a manufacturing hub, Government today allowed 100% FDI in some sectors and also relaxed several FDI norms.</p> <p>In a series of tweets, Department of Industrial Policy &amp; Promotion (DIPP) highlighted key announcements made today.</p> <p>100% <a href="https://twitter.com/hashtag/FDI?src=hash"><s>#</s><strong>FDI</strong></a> under govt approval route for trading, including through e-commerce, in respect of food products manufactured or produced in India.</p> <p>49% <a href="https://twitter.com/hashtag/FDI?src=hash"><s>#</s><strong>FDI</strong></a> has been permitted through govt approval route for access to modern technology in the country or for other reasons to be recorded, DIPP said.</p> <p>The condition of access to state-of-art technology in the country has been done away with wrote DIPP.</p> <p>100% <a href="https://twitter.com/hashtag/FDI?src=hash"><s>#</s><strong>FDI</strong></a> in automatic route in Teleports, DTH, Mobile TV &amp; Headend-in-the Sky Broadcasting Service(HITS), it tweeted.</p> <p>74% <a href="https://twitter.com/hashtag/FDI?src=hash"><s>#</s><strong>FDI</strong></a> under automatic route in brownfield pharmaceuticals and government approval route beyond 74% will continue, said DIPP.</p> <p><a href="https://twitter.com/hashtag/FDI?src=hash"><s>#</s><strong>FDI</strong></a> up to 49% is now permitted under automatic route in Pvt Security Agencies &amp; beyond 49% and up to 74% permitted with govt approval route, tweeted DIPP.</p> <p>100% <a href="https://twitter.com/hashtag/FDI?src=hash"><s>#</s><strong>FDI</strong></a> in Animal Husbandry(including breeding of dogs),Pisciculture, Aquaculture and Apiculture now allowed without controlled conditions.</p> <p><a href="https://twitter.com/hashtag/SingleBrandRetailTrading?src=hash"><s>#</s><strong>SingleBrandRetailTrading</strong></a>: It has now been decided to relax local sourcing norms up to three years; it said adding relaxed sourcing regime for another 5yrs in Single Brand Retail Trading of products having state-of-art and cutting edge technology.</p> 14639 http://knnindia.co.in/news/newsdetails/economy/key-highlights-of-fdi-reforms-announced-today 2016-06-20 11:51:27 knnindia.co.in