Government shown way to Amazon's FDI in food retail...
16 Jun 2017 Published by Rahul Verma 406 Views

The announcement by Food Processing Minister Harsimrat Kaur Badal cleared Amazon's proposed USD 500 million investment in retail of food products in India."There was some delay due to abolition of FIPB. It (Amazon's proposal) will soon be cleared," Badal, as reported TOI.With the abolition of the Foreign Investment Promotion Board (FIPB), the Amazon's proposal will now be vetted by the Department of Industrial Policy and Promotion (DIPP) under the Commerce Ministry.Badal pointed out that more in..

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