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New national retail policy: Licence rationalisation among five focus areas

The five areas that would be addressed in the policy are ease of doing business, rationalisation of the licence process, digitisation of retail, focus on reforms and open network for digital commerce

retail stores
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Setting up a shop or department store requires 24 to 57 licences, with the compliance burden having grown in the past few years

Viveat Susan Pinto Mumbai
The government had identified five areas in its proposed national retail policy, Anil Agrawal, joint secretary in the department for promotion of industry and internal trade (DPIIT), Ministry of Commerce, said on Tuesday. Agrawal was addressing delegates at the Confederation of Indian Industry’s (CII’s) virtual retail summit, saying a discussion paper had been launched and that the final stages of revision would be undertaken shortly.
 
The five areas that would be addressed in the policy are ease of doing business, rationalisation of the licence process, digitisation of retail, focus on reforms and an open network for digital commerce.
 
“Offline retail

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First Published: Nov 24 2020 | 7:34 PM IST

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