India most open economy in world for FDI: Govt
The government on Monday said India is the most open economy in the world for FDI, while announcing several relaxations in the overseas investment norms in sectors like civil aviation, defence and pharmaceuticals. "Measures undertaken by the government have resulted in increased FDI inflows at $55.46 billion in 2015-16, as against $36.04 billion during the financial year 2013-14," it said.