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The Defence Ministry is proposing to increase the FDI in Defence from the present 26% to 49%.
There were no FDI in Defence earlier considering the risk and security of the country. In 2001, 26% of FDI was allowed despite strong opposition from the Unions etc. Now the NDA government is proposing to increase it to 49%. The proposal of the Ministry of Commerce is to increase it to 100%!
This proposal should be strongly opposed by all and defeated.