DPIIT mulling over retail trade policy
Seeks views of different ministries at national level
New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has sought the views of 16 departments and ministries on its draft national retail trade policy, which is aimed at the overall development of all formats of the sector, an official said.
After getting comments from all the departments and ministries, DPIIT would seek approval of the Union Cabinet on the policy, the official added. The policy would focus on formulating strategies to provide a globally competitive and sustainable environment for the overall development of retail trade through targeted efforts.
The objectives include ensuring easy and quick access to affordable credit, facilitating modernization and digitisation by promoting modern technology and infra support; promotion of skill development and improve labour productivity, and providing an effective consultative and grievance redressal mechanism for the sector.
