{"id":417508,"date":"2021-05-29T11:36:59","date_gmt":"2021-05-29T06:06:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=417508"},"modified":"2021-05-29T11:36:59","modified_gmt":"2021-05-29T06:06:59","slug":"govt-to-clarify-100-fdi-norm-applicable-to-refiner-cum-retailer-bpcl","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-to-clarify-100-fdi-norm-applicable-to-refiner-cum-retailer-bpcl\/","title":{"rendered":"Govt to clarify 100% FDI norm applicable to refiner-cum-retailer BPCL"},"content":{"rendered":"<p>The government may clarify that 100% foreign direct investment (FDI) limit through automatic route will be applicable to refiner-cum-retailer BPCL when it becomes a private company after the government sells its 52.98% stake in the company.<\/p>\n<p>\u201cUp to 100% FDI is allowed in private sector in refining, and BPCL is getting privatised by government. The Department for Promotion of Industry and Internal Trade needs to clarify,\u201d a senior finance ministry official said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government may clarify that 100% foreign direct investment (FDI) limit through automatic route will be applicable to refiner-cum-retailer BPCL when it becomes a private company after the government sells its 52.98% stake in the company. \u201cUp to 100% FDI is allowed in private sector in refining, and BPCL is getting privatised by government. The Department for Promotion of Industry and Internal Trade needs to clarify,\u201d a senior finance ministry official said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-417508","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=417508"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417508\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=417508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=417508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=417508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}