Major impetus to job creation and infrastructure

 Radical changes in FDI policy regime; Most sectors on automatic route for FDI 

 Pharmaceutical

The extant FDI policy on pharmaceutical sector provides for 100% FDI under automatic route in greenfield pharma and FDI up to 100% under government approval in brownfield pharma. With the objective of promoting the development of this sector, it has been decided to permit up to 74% FDI under automatic route in brownfield pharmaceuticals and government approval route beyond 74% will continue.

5.     Civil Aviation Sector

(i)  The extant FDI policy on Airports permits 100% FDI under automatic route in Greenfield Projects and 74% FDI in Brownfield Projects under automatic route. FDI beyond 74% for Brownfield Projects is under government route.

(ii)   With a view to aid in modernization of the existing airports to establish a high standard and help ease the pressure on the existing airports, it has been decided to permit 100% FDI under automatic route in Brownfield Airport projects.

(iii) As per the present FDI policy, foreign investment up to 49% is allowed under automatic route in Scheduled Air Transport Service/ Domestic Scheduled Passenger Airline and regional Air Transport Service. It has now been decided to raise this limit to 100%, with FDI up to 49% permitted under automatic route and FDI beyond 49% through Government approval. For NRIs, 100% FDI will continue to be allowed under automatic route. However, foreign airlines would continue to be allowed to invest in capital of Indian companies operating scheduled and  non-scheduled air-transport services up to the limit of 49% of their paid up capital and subject to the laid down conditions in the existing policy.

6.     Private Security Agencies

The extant policy permits 49% FDI under government approval route in Private Security Agencies. FDI up to 49% is now permitted under automatic route in this sector and FDI beyond 49% and up to 74% would be permitted with government approval route.

7.     Establishment of branch office, liaison office or project office

For establishment of branch office, liaison office or project office or any other place of business in India if the principal business of the applicant is Defence, Telecom, Private Security or Information and Broadcasting, it has been decided that approval of Reserve Bank of India or separate security clearance would not be required in cases where FIPB approval or license/permission by the concerned Ministry/Regulator has already been granted. 

8.     Animal Husbandry

As per FDI Policy 2016, FDI in Animal Husbandry (including breeding of dogs), Pisciculture, Aquaculture and Apiculture is allowed 100% under Automatic Route under controlled conditions. It has been decided to do away with this requirement of ‘controlled conditions’ for FDI in these activities.

9. Single Brand Retail Trading

It has now been decided to relax local sourcing norms up to three years and a relaxed sourcing regime for another five years for entities undertaking Single Brand Retail Trading of products having ‘state-of-art’ and ‘cutting edge’ technology.

Today’s amendments to the FDI Policy are meant to liberalise and simplify the FDI policy so as to provide ease of doing business in the country leading to larger FDI inflows contributing to growth of investment, incomes and employment.

Broadcasting Sector and FDI Cap

FDI policy on Broadcasting carriage services has also been amended. New sectoral caps and entry routes are as under:

Sector/Activity	New Cap and Route
5.2.7.1.1 (1)Teleports(setting up of up-linking HUBs/Teleports); (2)Direct to Home (DTH); (3)Cable Networks (Multi System operators (MSOs) operating at National or State or District level and undertaking upgradation of networks towards digitalization and addressability); (4)Mobile TV; (5)Headend-in-the Sky Broadcasting Service(HITS)	100% Automatic
5.2.7.1.2 Cable Networks (Other MSOs not undertaking upgradation of networks towards digitalization and addressability and Local Cable Operators (LCOs))
Infusion of fresh foreign investment, beyond 49% in a company not seeking license/permission from sectoral Ministry, resulting in change in the ownership pattern or transfer of stake by existing investor to new foreign investor, will require FIPB approval

Radical changes in FDI policy regime

The Union Government has radically liberalized the FDI regime today, with the objective of providing major impetus to employment and job creation in India. The decision was taken at a high-level meeting chaired by Prime Minister Narendra Modi today. This is the second major reform after the last radical changes announced in November 2015.  Now most of the sectors would be under automatic approval route, except a small negative list. With these changes, India is now the most open economy in the world for FDI.

            In last two years, Government has brought major FDI policy reforms in a number of sectors viz. Defence, Construction Development, Insurance, Pension Sector, Broadcasting Sector, Tea, Coffee, Rubber, Cardamom, Palm Oil Tree and Olive Oil Tree Plantations, Single Brand Retail Trading, Manufacturing Sector, Limited Liability Partnerships, Civil Aviation, Credit Information Companies, Satellites- establishment/operation and Asset Reconstruction Companies. Measures undertaken by the Government have resulted in increased FDI inflows at US$ 55.46 billion in financial year 2015-16, as against US$ 36.04 billion during the financial year 2013-14. This is the highest ever FDI inflow for a particular financial year. However, it is felt that the country has potential to attract far more foreign investment which can be achieved by further liberalizing and simplifying the FDI regime.  India today has been rated as Number 1 FDI Investment Destination by several International Agencies.

Accordingly the Government has decided to introduce a number of amendments in the FDI Policy. Changes introduced in the policy include increase in sectoral caps, bringing more activities under automatic route and easing of conditionalities for foreign investment. These amendments seek to further simplify the regulations governing FDI in the country and make India an attractive destination for foreign investors.  Details of these changes are given in the following paragraphs:

Radical Changes for promoting Food Products manufactured/produced in India

It has now been decided to permit 100% FDI under government approval route for trading, including through e-commerce, in respect of food products manufactured or produced in India.

2.         Foreign Investment in Defence Sector up to 100%

Present FDI regime permits 49% FDI participation in the equity of a company under automatic route.  FDI above 49% is permitted through Government approvalon case to case basis, wherever it is likely to result in access to modern and ‘state-of-art’ technology in the country. In this regard, the following changes have inter-alia been brought in the FDI policy on this sector:

i.        Foreign investment beyond 49% has now been permitted through government approval route, in cases resulting in access to modern technology in the country or for other reasons to be recorded.  The condition of access to ‘state-of-art’ technology in the country has been done away with.

ii.      FDI limit for defence sector has also been made applicable to Manufacturing of Small Arms and Ammunitions covered under Arms Act 1959.

water point Kiosk at Railway stations

Indian Railway Minister Mr. Suresh Prabhu  launched water points at Railway Stations.Through this initiative,  he would like to reduce plastic usage in railway station and generate employment opportunity to the youths. Water will be available from specially established kiosk. Passenger traveling will avail this facility in railway station.

Babu's hectic schedule

Babu inspect Durga Ghat

Today Chief Minister N. Chandrababu Naidu visited Durga Ghat  and inspected Krishna Pushkatram works.

Expressing displeasure over the pace of works, the Chief Minister directed officials to expedite works and ensure the completion of works before stipulated time.

Later, the Chief Minister discussed on investments in the revenue sector with British High Commissioner H.E. Mr. Dominic Asquith. We also discussed about the MoU signed between UK & India to develop Amaravathi‬ as a smart city.

Babu with Austria ambassador Bernhard Wrabetz

In another meeting, the Chief Minister discussed possible synergies between Andhra Pradesh and Austria with Ambassador of Austria. H.E. Bernhard Wrabetz.

The Chief Minister also review the surveillance system & measures taken to curb Red Sandalwood smuggling and later, held a meeting with the Planning Department officials on the government's flagship Smart Village-Smart Ward programme.

Narendra Modi Meet China President

Prime Minister Narendra Modi in bilateral meeting with President of People's Republic of China, Mr. Xi Jinping at Tashkent. The significance of the meeting is to get china support to get NSG members. As 48 members of NSG, along with US come out to support India in a bid to push India.

AP Government launches phase 2 of Debt Redemption

Andhr Pradesh Government launches second phase of Debt redemption programme in Prakasham district, with this total 36.39 lakh farmers will be benefited.

The Chief Minister distributed debt redemption certificates to farmers at 10 per cent interest to a tune of Rs 3,500 cr.Under the first phase, the government waived loans to the tune of Rs.7,565 cr for 54.98 lakh farmers. The government also released Rs 26.63 cr for the families of deceased farmers.

The state government is determined to waive off loans to farmers totalling Rs. 24,000 cr, for the welfare of the farmers.In addition to these, loans to 2.23 lakh horticulture farmers to a tune of Rs 384.47 cr to develop horticulture in the state.

New Trains

Minister of Railways Shri Suresh Prabhakar Prabhu at Rail Bhawan flagged off and dedicated following new trains services to the nation. It was done through video-conferencing : -

1. Inauguration of Tr. No. 13205/13206 Danapur-Saharsa ‘Janhit Express’ (Daily)

2. Extension of Tr. No. 15283/15284 Jaynagar-Saharsa Janki Express Upto Katihar (Daily)

3. Extension of Tr. No. 18697/18698 Patna-Murliganj Koshi Express upto Purnea Court (Daily).

4. Extension of 53581/53582 Jasidih-Chandan Passenger train upto Banka. (First Passenger Train between newly constructed Chandan-Banka line)

CM to visit China for investments

Andhra Pradesh Chief Minister Chandra Babu Naidu likely to visit china from June 26 to explore investment opportunities ,seek investment into the state and development of Amaravati city. Total 13 member team  along with chandra babu  will attend the World Economic Forum's 1oth annual meeting  in Tiajin city.

China's GIIC has already partnered with the state government on various infrastructure projects, including the development of a City Square in Vijayawada that is currently serving the functional capital.

New Postal Stamps

 On the occasion  of International Yoga Day, Our PM Modi today released commemorative postage stamps  signifying  Surya Namaskar postures..

Yoga department set up in six central Universities

Six Central Universities will have full fledged Yoga departments from academic session 2016-17 and the number would be raised to 20 within one year. These six universities are Hemwati Nandan Bahugana Garhwal University, Uttrakhand (North), Viswa Bharti, West Bengal (East), Central University of Rajasthan (West), Central University of Kerala (South), Indira Gandhi National Tribal University, Amarkantak, Madya Pradesh,(Central) and Manipur University (North East). This was stated by Smt Smriti Zubin Irani, Union Minister of Human Resource Development addressing a National Seminar on Yoga . A panel headed by Prof H R Nagendra, suggested various kind of courses ranging from certificate courses to Bachelor’s, Masters and PhDs for yogic sciences. 

AP Govt issues notification to fill 10,000 posts

The Finance Department has issued a G.O. giving permission to fill 10,000 vacant posts in different categories under direct recruitment.
Of these, 4,009 posts will come under the purview of the AP Public Service Commission (APPSC) and 5,991 posts under the AP State Level Police Recruitment Board.

The posts have been categorised as Group-I, Group II, and Group III services, other gazetted, non-gazetted, and technical categories in various departments.
This is the break up of vacant posts under various categories to be filled by the APPSC:
Group I – 94 posts, Group II – 750 (including 250 Deputy Tehsildar posts), Group III – 1,000 posts, Home – 9, Medical and Health services – 422, Technical services – 1,000, and Others - 734.
Group I vacancies include 13 Municipal Commissioner posts, 10 Assistant Prohibition and Excise Superintendent posts, 13 Commercial Tax Officer, and 24 Deputy Superintendent of Police posts.
Under Group II, there are 250 Deputy Tehsildar posts, 113 Assistant Section Officer posts, 180 senior accountants.
Under the posts to be filled by the Police Recruitment Board, the bulk of posts of constable (Civil) are in the Commissionerate of Vijayawada (653 ) , AR (585), Women PC (35), and AR (54). It is followed by Guntur Rural, including Tullur, with 868 constable posts (Civil), AR constable (273).
In the DGP, AP, Hyderabad office, vacant posts include 1,103 police constable posts, 422 Armed Reserve constable posts, among other posts.
The G.O. stated that Principal Secretary, APPSC, and the Chairman, AP State Level Police Recruitment Board, were being directed to take appropriate steps for filling the above vacancies through direct recruitment by obtaining the details such as zone, district-wise vacancy, position, ros

ter points, and qualification etc., from the authorities concerned.
The recruiting agencies were also asked to issue schedule for recruitment and issue notification expeditiously.

first women fighter pilots

The India first newly commissioned women fighter pilots inducted into Air force..
Flying Officer Avani Chaturvedi, Flying Officer Bhavana Kanth, Flying Officer Mohana Singh, at Air Force Academy, Hyderabad .