https://www.taxtmi.com/news?id=2456 The FDI policy allows 51% foreign equity in multi brand retail via the government approval route, limited to cities above one million population, requires a minimum investment with at least half for back end infrastructure, mandates local sourcing from Indian micro and small enterprises, and affirms state prerogative in implementation with competition law safeguards against anti competitive practices. en-us Mon, 28 Nov 2011 22:57:09 +0530 Mon, 28 Nov 2011 22:57:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2456 The FDI policy allows 51% foreign equity in multi brand retail via the government approval route, limited to cities above one million population, requires a minimum investment with at least half for back end infrastructure, mandates local sourcing from Indian micro and small enterprises, and affirms state prerogative in implementation with competition law safeguards against anti competitive practices. News - Mon, 28 Nov 2011 22:57:09 +0530 https://www.taxtmi.com/news?id=2456