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welcome to Mint I am AIT ranjan MRA in todayamp;#39;s edition of from The Newsroom we are joined by survi agal welcome to the show survi we are here to discuss uh the latest developments in allowing FDI in single brand retail so should we tell us the Ikea proposal uh with the dipb has been pending for some time it wants to come to India but there there are some problems and it has some concerns is there any developments on that front right so uh as everybody knows as said a applied for FDI 100% FDI in single brand retail a couple of months back the main sticking point for Ika is a 30% local sourcing Norm ing to which the company has to Source from uh small and medium Enterprises in the company and that has to be 30% and uh so the company has been asking the government to give give it a time frame of some uh 10 years to comply with the policy but uh uh Ministries like msme wanted uh want the compliance to start from day one so uh we are hearing from dip that you know discussion