Govt in process of formulating a National Retail Trade policy

By: |
March 4, 2020 7:48 PM

The government is in the process of formulating a National Retail Trade policy to create conducive environment for the sector by simplifying rules and regulations, Parliament was informed on Wednesday.

The government proposes to have a National Retail Trade PolicyThe government proposes to have a National Retail Trade Policy

The government is in the process of formulating a National Retail Trade policy to create conducive environment for the sector by simplifying rules and regulations, Parliament was informed on Wednesday.

“The government proposes to have a National Retail Trade Policy to create conducive environment for retail trade including by simplifying rules and regulations hindering the growth of retail sector,” commerce and industry Minister Piyush Goyal said in a written reply to the Lok Sabha.

Replying to a separate question, the minister said as on February 24, a total of 362 GI (Geographical Indications ) applications have been registered, out of which 347 are Indian GI applications and remaining for foreigners.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Flipkart pips Amazon to lead online festive sales this year; industry GMV up 65% from year-ago
2Over Rs 10 lakh crore loans under Mudra Yojana created 51 lakh entrepreneurs between 2015-18: Irani
3Flipkart in final stages of consolidating Walmart India within its wholesale business