"FDI in retail may. . . be an efficient means of addressing the concerns of farmers and consumers. . .
"Opening FDI in retail could also assist in bringing technical know-how to set up efficient supply chains, which can act as models of development," the Department of Industrial Policy and Promotion said in a discussion paper on the politically sensitive issue.
"It would also . . . assist in lowering consumer prices/inflation," it said.
The ministry has sought stakeholders' comments by July 31.
At present, FDI in multi-brand retail is prohibited in India. However, the government allows 51 per cent FDI in single brand retailing and 100 per cent in wholesale trade.
Delhi has a new airport
Germany beat India 5-3 in Hamburg Masters
Decision making and business in India
ICC wants India-Pakistan series to resume: Pawar
India, China discuss joint projects in Afghanistan