Articles
Griha laxmi magazine
Buy and subscribe Griha laxmi magazine published this article page no 43 the government also has decided to offer a part of the shareholdings in the public enterprises to financial institutions general public and workers. the threshold limits of assets have been scrapped and no industry requires prior approval for investing in the delicensed sector. they only need to submit a memorandum in the prescribed format. in the new industrial policy foreign direct investment fdi has been seen as a supplement to the domestic investment for achieving a higher level of economic development. fdi benefits the domestic industry as well as the consumers by providing technological upgradation access to global managerial skills and practices optimum use of natural and human resources etc. keeping all this in mind foreign investment has been liberalised and the government has permitted access to an automatic route for foreign direct investment. the government has also announced changes in the industrial location policies. industries are discouraged in or very close to large cities due to environmental reasons grihalakshmi magazine latest edition.