FDI in energy sector - General Economics & Indian Economy

Q.  Consider the following statements

1. 100% FDI is permitted in generation and transmission of electric energy produced in hydro electric, coal/lignite based thermal, oil based thermal and gas based thermal power plants.
2. Electricity comes under Union list

Which of the above statements is/are correct?

- Published on 07 Jun 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Only 1
 
Electricity is concurrent subject.

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