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* / 7*( /%$')%8!, )%8!,8 VRGR '%&((!1#VCEB R BP A"'!#$#1!$"#0$"T utqBVQWBuxy( &7$0+(< 1 1 5 01)234 61)!37 (#$!? *3 9* 0 N ; * 3* * < 0 ( 00 3 B 3 3 (3 4 3 34*( < ( 3 @3 0 A @ = :&;-> -.> = #%/ ,,%$ = 8 ) . 3 .'.*>)*10>? '0(@ * ! " # !#$%&%&& ations. With a view to provide '()*(+%$# greater flexibility and ease of $% &% he Centre on Wednesday .$*(/ $&#$ operations to SBRT entities, it Tannounced major steps to has been decided that all pro- attract foreign investment and 011/ %%#%)%&# curements made from India by give a boost to medical educa- the SBRT entity for that single tion in the country. The automatic route has been mining and sale of coal as also brand shall be counted towards Government relaxed Foreign allowed, he said, adding that 26 associated infrastructure activ- local sourcing, irrespective of Direct Investment (FDI) rules per cent FDI has been allowed ity has been allowed to help whether the goods procured in many sectors, including sin- in digital media. attract international players to are sold in India or exported. gle brand retail, coal and On FDI in single-brand create an efficient and com- Further, the current cap of lignite mining, contract man- retail, the Cabinet has expand- petitive coal market. considering exports for five ufacturing and digital media. It ed the definition of mandato- “Easing local sourcing years only is proposed also decided to open 75 med- ry 30 per cent domestic sourc- norms for FDI in Single Brand to be removed, to give an ical colleges which will add ing norm. It also allowed sin- Retail Trading (SBRT) was impetus to exports, it added, at least 15,700 MBBS seats in gle-brand retailers to start announced in Union Budget detailing the changes in the the country.
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