7 Domestic policies/ legislations: Illustrations FDI policy: FDI up to 49 percent under government route allowed in defence sector, beyond which approval of Cabinet Committee on Security required for FDI in state-of-art technology (PN 7 of 2014) FDI up to 100 percent under automatic route allowed in railway infrastructure (non-sensitive areas, wherein approval of CCS required) (PN 8 of 2014) FDI up to 49 percent in insurance sector (Insurance Ordinance, 2014) Taxation policy: Introduction of Goods and Service Tax Draft National Competition Policy: Adoption of pro-competition principles IPR regime Grievance redressal: Quantity and quality concerns
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