New Delhi: Prime Minister Narendra Modi hailed a sweeping liberalisation of rules on foreign direct investment on Monday, saying they would make Asia`s third-largest economy the most open in the world.


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"Key reform decisions were taken at a high level meeting chaired by the PM, which makes India the most open economy in the world for FDI," Modi said in a tweet.



In a second tweet, he said the changes would provide a "major impetus to employment and job creation in India."