take a final call tomorrow on the definition of "control" in mergers and acquisitions, especially those involving overseas companies.
"Clarity is also required on the need for 30 per cent sourcing from small industry. Whether sourcing from such small industry can be allowed towards fulfilment of this conditionality, if it outgrows, and if so, till what period?," said a source.
The MSME Ministry has, however, opposed the DIPP's move to let players continue sourcing items from small and medium units without a time cap even after crossing a minimum investment limit.
Retailers are demanding that sourcing rules in multi- brand retail must be made similar to that of the single-brand segment, and foreign firms be allowed to put only 50 per cent of the first tranche of the investment in the back-end infrastructure.
The cabinet may also consider allowing global chains to open multi-brand stores in cities with population less than one million.