Current Affairs - Govt liberalises FDI limits in 12 sectors

This post is for Current Affairs Govt liberalises FDI limits in 12 sectors. The Foreign Direct Investment cap for civil aviation was, however, left unchanged at 49 per cent.

1. FDI cap in telecom raised to 100 percent from 74 percent; up to 49 percent through automatic route and beyond via FIPB

2. No change in 49 percent FDI limit in civil aviation

3. FDI cap in defence production to stay at