Business media houses present misleading reports on ministry approval to Chinese FDI


Source: hindupost.in hindupost.in

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BY: HinduPost Desk February 26, 2021 Many business media houses recently ran a report stating that proposal to permit Chinese FDI (Foreign Direct Investment) in Bharat had been cleared by the Central government. But as it often happens, it has now come to light that these reports were misleading and the Commerce Ministry has issued a clarification that there has been no change in policy on Chinese FDI post disengagement. What media houses said Several media houses stated that Reuters had quoted a government ‘source’ as saying that the central government has approved investments from Chinese companies in what is...