FDI

In 2011, the Manmohan Singh-led government has often been criticised for delayed policy decisions in attracting foreign capital into the country at a time when the rupee is falling. It is at this time that the Centre decided to allow FDI up to 51 per cent in multi-brand retail. Secondly, the government also raised FDI limit from 51 per cent to 100 per cent in single-brand retail.