mining for captive consumption in power projects iron and steel and cement units now the same has been allowed for sale of coal and mining including associated processing infrastructure such as coal washery crushing coal handling and separation magnetic and nonmagneticwhile the extant fdi policy provides for 100 per cent investment under automatic route in the manufacturing sector there was no specific provision for contract manufacturing in the policyin order to provide clarity on contract manufacturing it has been decided to allow 100 per cent fdi under automatic route in india as well goyal saidpresently the fdi policy provides for 30 per cent of the value of goods have to be procured from india if the single brand retailing entity has fdi of more than 51 per centwith a view to providing greater flexibility and ease of operations the union cabinet decided that all procurement made from india by such entity for that single brand shall be counted towards local sourcing irrespective of whether the goods procured are sold in india or exportedfurther the current cap of considering exports for 5 years only is proposed to be removed to give an impetus to exportswhile the extant fdi policy provides for 49 per cent fdi under approval route in uplinking of news current affairs tv channels the cabinet has decided to permit 26 per cent fdi under government route for uploading streaming of news and current affairs through digital media on the lines of print media watch cabinet eases fdi rules for single brand retail