In a slew of measures of economic reforms, the government raised diesel prices by ₹ per litre and capped subsidised LPG cooking gas cylinders to six a year per household. It permitted foreign direct investment (FDI) in multi-brand retail up to 51 per cent, in aviation sector up to 49 per cent and in some broadcasting services up to 75 per cent.
It also approved sale of its minority stakes in four public sector firms – Oil India (by 10 per cent), Hindustan Copper (9.59 per cent), MMTC (9.33 per cent) and Nalco (12.15 per cent) – to raise up to ₹ billion – half its disinvestment receipts target for the year.