Key Points
The government is likely to announce a national retail trade policy and an accident insurance scheme for GST-registered domestic traders soon, reported PTI, citing an official...
The policy is likely to include provisions related to ensuring easy and quick access to affordable credit, facilitating modernization and digitisation of retail trade; modern infrastructural support for subjects like distribution chain; promotion of skill development and improving labour productivity, and providing an effective consultative and grievance redressal mechanism..
"The government is trying to do policy changes not only in e-commerce but is also bringing a national retail trade policy for physical traders which will be introducing ease of doing business, providing better infrastructural facilities, providing more credit and all sorts of benefits to traders," reported PTI, citing the official...
Retail trade is the only vertical of the economy which does not have a policy so far, CAIT Secretary General Praveen Khandelwal said.. "Likewise, awarding an insurance scheme to traders will recognise their magnificent contribution to the national exchequer," he said.. (With inputs from PTI)..
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