<h1>Government Approves 51% FDI in Multi-Brand Retail with Conditions on Investment and Local Procurement.</h1> The government has approved foreign direct investment (FDI) up to 51% in multi-brand retail trading, subject to several conditions. These include a minimum FDI of $100 million, with at least 50% invested in backend infrastructure within three years. Additionally, 30% of procurement must be from Indian small industries, and retail outlets are restricted to cities with populations over 10 lakh. The policy excludes e-commerce and allows states to decide on implementation. The initiative aims to enhance agricultural supply chains and benefit farmers, while studies indicate coexistence of organized and traditional retail without harming employment.