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Green Products

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Submitted By Shreejana
Words 273
Pages 2
Fdiiretailwould mean a wider choice of products, lower prices for good and creation of employment. The move would also benefit farmers hugely. Farmers in India today receive only a small share of the end consumer price. An organised retail has the potential to drive efficiencies in this chain and increase price realisation for farmers by 10-30 per cent through sourcing directly or closer to the farm.
You could soon have cheaper air tickets as well. The government has decided to allow 49 per cent FDI in Airlines. FDI will spur more investments, lead to expansion and mergers and acquisitions as well as open up jobs. However, experts say the sector needs more reforms to be attractive enough for foreign investment.
The government on Friday relaxed the FDI limit in direct-to-home (DTH), Cable Networks and teleports to 74 per cent from 49 per cent earlier. The would mean you would have a a wider range of entertainment channels to enjoy. the cabinet has proposed raising the FDI cap from 26 per cent to 49 per cent for the insurance sector. This could help in improving the quality of insurance agents and reduce mis-selling of products. The move would also aid in a better evaluation of claims and help reduce the rejection of policies. pensioners too have reason to cheer with the cabinet proposing FDI in pension. The cabinet cleared a bill to allow up to 49% foreign investment in the pension industry. This would mean pension products would be made available in the private sector as well. The opposition however has slammed the FDI move in insurance and pension.

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