The government said on Wednesday that there was no “immediate plan” for permitting foreign direct investment in the coffee and rubber plantation sector of country.
Amitabh Kant, DIPP Secretary said, “There is no immediate plan to allow FDI in coffee and rubber plantation. These are all speculation. Nothing on cards.”
Currently 100 percent foreign investment is permitted through the government approval route in tea plantation sector. FDI, however is not allowed in any other plantation sector or activity.
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