In September 2020, the government has permitted foreign direct investment (FDI) of beyond how many per cent through the government route in the defence sector?

In September 2020, the government has permitted foreign direct investment (FDI) of beyond how many per cent through the government route in the defence sector? Correct Answer 74

The correct answer is 74%.

  • The Central government has increased the foreign direct investment (FDI) limit in the defence sector from 49 to 74% under automatic route and beyond 74 per cent through the government route.
  • This will enhance Ease of Doing Business and contribute to the growth of investment, income and employment.
  • Foreign investments in the defence sector will be subject to scrutiny on grounds of national security.

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