Govt to decide on FDI cap on single brand retail

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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.


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