New Delhi:  The Finance Ministry has approved 25 FDI proposals, including six of single-brand retail trade, envisaging a total investment of Rs 1,546.12 crore, and referred a Rs 1,800-crore pharma proposal to the Cabinet for consideration.  Among others, the government has cleared “multi-brand retail trading (MBRT)” applications of Flemingo International (BVI) and  Miami Perfume Junction, Inc, USA. These proposals envisage investment of Rs 50.5 crore.  These MBRT proposals relate to investment in setting up shop in duty free area and selling products on board on international flights, the Finance Ministry said.

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