As per the press release, the amendments were introduced to liberalize and simplify the FDI policy, and increase FDI in India, which in turn will boost the employment opportunities and economic growth.
Coal Mining- The amendment now allows 100% FDI in sale of coal carried out in accordance with the provisions of the Coal Mines Act, 2015 and Mines and Minerals Act, 1957. It removes the previous conditions to selling.
-Single Brand Retail Trading- The amendment allows 100% FDI for entities engaged in SBRT through automatic route. However, entities with over 51% FDI, are required to procure atleast 30% of the value of goods from India