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Govt launches 2nd wave of FDI reforms; 9 sectors to benefit

The government today launched a second wave of FDI reforms allowing 100 percent inflows in civil aviation and food processing sectors while easing norms in defence and pharmaceuticals
Not planning to review FDI policy on e-comm any time soon

Global retail giants like Amazon wants India to relax the foreign investment norms in e-commerce space. India's Foreign Direct Investment (FDI) policy restricts e-commerce companies from offering services directly to retail consumers.

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