{"id":428030,"date":"2021-07-30T11:08:13","date_gmt":"2021-07-30T05:38:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=428030"},"modified":"2021-07-30T11:08:13","modified_gmt":"2021-07-30T05:38:13","slug":"govt-issues-press-note-allowing-100-fdi-in-oil-psus-with-in-principle-nod-for-strategic-divestment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-issues-press-note-allowing-100-fdi-in-oil-psus-with-in-principle-nod-for-strategic-divestment\/","title":{"rendered":"Govt issues press note allowing 100% FDI in oil PSUs with \u2018in-principle&#8217; nod for strategic divestment"},"content":{"rendered":"<p>The government on Thursday allowed 100% foreign direct investment (FDI) under the automatic route for oil refiners in case an &#8216;in-principle&#8217; approval for strategic disinvestment of a Public Sector Undertaking has been granted by it.<\/p>\n<p>The Union Cabinet last week approved a proposal to allow 100% FDI for public sector oil refiners thereby expanding the scope for foreign investment in the privatisation of Bharat Petroleum Corporation Ltd.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government on Thursday allowed 100% foreign direct investment (FDI) under the automatic route for oil refiners in case an &#8216;in-principle&#8217; approval for strategic disinvestment of a Public Sector Undertaking has been granted by it. The Union Cabinet last week approved a proposal to allow 100% FDI for public sector oil refiners thereby expanding the scope for foreign investment in the privatisation of Bharat Petroleum Corporation Ltd.<\/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":[130,191,136],"tags":[],"class_list":["post-428030","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/428030","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=428030"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/428030\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=428030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=428030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=428030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}