Question : FDI in Multi-Brand Retails

(a) the details of norms for permitting multi-brand retail trading in the country;

(b) the amount of Foreign Direct Investment (FDI) that the country could get since introduction of this policy, Statewise;

(c) whether it is true that the Government is planning to tweak the above norms and is intending to permit FDI in multi-brand retailing;

(d) if so, the details thereof and the reasons therefor; and

(e) the reasons for permitting FDI in multi-brand retail trading in the country by the Ministry of Food Processing Industries?

???????? ??? ?????? ???????? ??? ???????????? (???? ??.??. ?????)
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY
(SHRI C.R. CHAUDHARY)


(a): The detailed FDI Policy including norms for undertaking multi-brand retail trading in the country is provided in para 5.2.15.4 of Consolidated FDI Policy Circular of 2017. A copy of relevant extract is at annexure. However, no decision has been taken with regard to implementation of FDI Policy in this sector.

(b): FDI inflow in the country is not maintained State/UT-wise but RBI Regional Offices-wise. Accordingly, FDI equity inflow into the country from introduction of this policy, as maintained, sector-wise and Region-wise is as under:
<pre>

(FDI in US$ million)
Sl No Regional Offices of RBI States Covered 2012-13
Apr-Mar 2013-14
Apr-Mar 2014-15
Apr-Mar 2015-16
Apr-Mar 2016-17
Apr-Mar 2017-18
Apr-Dec Total
1 MUMBAI MAHARASHTRA, DADRA & NAGAR HAVELI, DAMAN & DIU 0.00 0.00 115.01 23.90 0.00 0.00 138.91
2 REGION NOT INDICATED REGION NOT INDICATED 0.00 0.00 25.29 0.00 0.00 0.00 25.29
Grand Total 0.00 0.00 140.30 23.90 0.00 0.00 164.20
</pre>

(c) & (d): No such proposal is under consideration of the Government.

(e): With a view to provide benefits to farmers, give impetus to food processing industries and create employment opportunities, 100% FDI under government approval route has been permitted for trading, including through e-commerce, in respect of only such food products which are manufactured and/or produced in India.

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