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Sunday, September 2, 2012

Data source: RBI Annual Report 2012
The Indian government's plan to review the double-taxation avoidance agreement (DTAA) with Mauritius was meant to prevent misuse of the treaty and track illicit money allegedly stashed in the African island nation. However, the same is also expected to impact the foreign direct investment (FDI) coming into India. Amongst the sectors that will be adversely impacted could be manufacturing and construction. As data from RBI shows, these two have been the largest recipients of FDI in FY12, followed by financial services and power generation and distribution.  

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