<h1>Cabinet Approves FDI Policy Changes in Multi-Brand Retail: 50% Investment in Infrastructure, 30% Local Sourcing Required.</h1> The Union Cabinet approved amendments to the Foreign Direct Investment (FDI) policy in Multi-Brand Retail Trading. The changes require at least 50% of the initial US$ 100 million FDI to be invested in backend infrastructure within three years, excluding land costs. Additionally, 30% of procurement must be sourced from Indian micro, small, and medium industries with investments not exceeding US$ 2 million. Retail outlets can only be established in cities with populations over 10 lakh, as per the 2011 Census, or as determined by state governments. These amendments aim to balance business needs with policy benefits for small industries.