National
26-02-2016.
Make in India: Foreign Companies to invest $2 billion

To push Narendra Modi’s Make in India plan, foreign companies investing $2billion will get permit to reside in India, get utilities at cheap rates & a special housing package will also be provided to them. The govt. is also working to sanction ‘Work Visa’ to all foreign investors.

View:  Intelligence Bureau & Research & Analysis Wing will run a background check on individuals & companies who plan to stay long in India or have frequent travels for investing. This step would stimulate more FDI in the long run.

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