FDI increases 40% to Rs 1.76 lakh crore in FY15

Zee Media Bureau

New Delhi: There is no doubt that Select Committee will give overwhelming support to GST, Finance Minister Arun Jaitley said on Thursday.

He further said Joint Committee of Parliament is probably the fastest route to get the Land Bill amendments through.

FDI has increased by 40 percent in 2014-15 to Rs 1.76 lakh crore, compared to Rs 1.26 lakh cr in the previous fiscal. A total of 5.19 crore policies sold under Pradhan Mantri Suraksha Bima Yojana and 1.59 cr under Jeevan Bima scheme, Jaitley said.

Our political stand on FDI in retail is clear and DIPP has only mentioned the existing position, Jaitley added.

With PTI Inputs