India government Department of Industrial Policy and Promotion has released 'Consolidated FDI Policy– Circular 1 of 2011', that would kick in 100% FDI in development and production of seeds and planting material, floriculture, horticulture, and cultivation of vegetables & mushrooms under controlled conditions.
Besides, animal husbandry (including of breeding of dogs), pisciculture, aquaculture under controlled conditions; and services related to agro and allied sectors has also been allowed 100% FDI.
Another hundred-percent FDI beneficiary would be the tea sector.
The policy will be effective from 1.4.2011.
Source: Commodity Online