Department for Promotion of Industry and Internal Trade vide Press Note No. 4 of 2020 released on 17.09.2020 has reviewed the Foreign Direct Investment (FDI) Policy in Defense Sector. As of now 100% FDI is permitted in the defense sector and 49% investment can be made through automatic route. The government seeks to allow 74% investment through automatic route in the defense sector. This shall come into force once the FEMA notification is published.
New Regulations for Consumer Grievances Redressal in Goa and UTs
The Joint Electricity Regulatory Commission (JERC) has announced the Consumer Grievances Redressal Forum and Ombudsman Regulations, 2024, which supersedes the 2019 regulations. Under these new