Govt to decide on FDI cap on single brand retail

New Delhi, Mar 28: The government today said it expects to come out with the decision on changing the FDI cap on single brand retailing in a month's time. ''We are waiting for the report of the study we had commissioned. The report is expected to come out in a month and the decision of the FDI cap will be taken after that,'' Commerce and Industry Minister Kamal Nath told reporters on the sidelines of a conference here. The FDI cap on 'Single Brand Retailing' currently stands at 51 per cent.

UNI