Two crucial reports, including one on the effects of organised retail on mom and pop stores, are not expected until July, as the authors have sought more time to prepare their recommendations based on available data.
The reports by ICRIER on impact of organised retail on neighbourhood stores and NCAER on FDI in multi-brand retail were originally expected to be submitted by February, but were later postponed to April.
"We are expecting the two reports to be given to us soon, they (ICRIER and NCAER) have asked for time extension. I think they have asked time till July," Minister of State for Industry Ashwini Kumar told reporters on the sidelines of a CII seminar in.
Without giving any specific details on the reasons for the delay, he said the two expert groups have sought extension because they are reviewing and fine tuning the data before arriving at their recommendations.
Currently, the government allows 51 per cent FDI in single brand retail and 100 per cent in cash and carry (wholesale) segment.