New Delhi:Finance Minister, Shri P. Chidambaram has approved 20 Foreign Direct Investment proposals recommended by Foreign Investment Promotion Board (FIPB) in its meeting held on 28th March, 2008. The approval amounts to Rs. 1962.05 crore. The proposals are related to Ministries/Departments, namely Commerce, Heavy Industry, Industrial Policy & Promotion, Information & Broadcasting, Telecommunications and Economic Affairs. The major investment proposals pertain to the Ministries/Departments of Information & Broadcasting Telecommunications and Economic Affairs.