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Govt may consider FDI in specific retail sectors: Nath
NEW DELHI: The government may allow foreign direct investment for specific sectors such as electronics and sports goods in retail if an expert study going into the issue foresees no impact on the neighbourhood mom-and-pop stores. “We are expecting the ICRIER report on retail by February end. Certainly, we can be more flexible in retail areas like electronics and sports goods. However, I want to see the whole report and make sure what I believe is correct and is backed by a report,” commerce & industry minister Kamal Nath said.