Draft National Retail Trade Policy
Recently, 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.
- The primary aim of the policy is to formulate strategies for the overall development of all formats of the retail sector.
Objectives
- Ensuring easy and quick access to affordable credit.
- Facilitating modernization and digitization of retail trade by promoting modern technology and superior infrastructural support.
- Development of physical infrastructure across the distribution chain.
- Promotion of skill development and improve labour productivity.
- Providing an effective consultative and grievance redressal mechanism for the sector.
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