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USIBC Applauds the Government of India for Big Bang Reforms

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WASHINGTON--(BUSINESS WIRE)--The U.S.-India Business Council (USIBC) today hailed India’s progress in advancing major economic reforms with the Cabinet’s approval of opening India’s multi-brand retail sector to foreign direct investment (FDI), and increasing equity caps in civil aviation, broadcasting, and power trading exchanges. The government’s courageous resolve to move on these complex reforms serves as an assurance to investors that its economic liberalization agenda is back on track. “The a style=

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