The Survey says the strict foreign direct investment (FDI) policy in retailing is among the key reasons adversely affecting the sector.“The retail sector was affected in 2013 by high consumer price inflation, currency fluctuation and strict FDI policies.’’ It has, however, observed that India remains an attractive long-term retail destination, indicating the current government could, in the future, ease the multi-brand retail FDI policy.

Source - http://www.business-standard.com