Govt to soon consider relaxing FDI norms in single brand, digital media

New Delhi: The government will soon consider relaxing foreign direct investment (FDI) norms in several sectors, including single-brand retail trading and digital media, to attract overseas players, sources said.

Other sectors where FDI rules would be eased are coal and contract manufacturing.

According to sources, the Union Cabinet would soon consider these issues for approval.

The government may allow 100 per cent FDI in contract manufacturing, according to the proposal.