Image used for representational purpose only. (File Photo) 
Business

Government to bring retail trade policy to promote ease of doing business for traders

Joint Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Sanjiv said that the policy would also help in providing better infrastructure and more credit to traders.

PTI

NEW DELHI: The government is working to bring a national retail trade policy for brick-and-mortar retail traders with an aim to promote ease of doing business, a senior official said on Monday.

Joint Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Sanjiv said that the policy would also help in providing better infrastructure and more credit to traders.

The Department, he said, is also working to bring an e-commerce policy for online retailers.

"We want that there should be synergy between e-commerce as well as retail traders," Sanjiv said at a conference on FMCG and e-commerce here.

The Department is also in the process of formulating an insurance scheme for all retail traders.

The accident insurance scheme would particularly help small traders of the country, he added.

"The government is trying to do policy changes not only in e-commerce but national retail trade policy which will be for physical traders which will be introducing ease of doing business, providing better infrastructural facilities, providing more credit and providing all sorts of benefits to traders," he said.

The Joint Secretary urged the industry to focus on producing high-quality products.

Jharkhand agrees to cancel JPSC-PT, but sixth round of talks fails, with protests set to continue

Former Bengal CM Mamata faces 'chor' slogans, mud and slippers during visit to deceased TMC worker's family

Netanyahu rejects US Gaza plan, vows no pullout until Hamas disarms

'Will pure petrol come from your father’s house?': BJP MP courts controversy over ethanol blending

Air India's Phuket-Delhi turbulence hit flight captain allegedly failed dope test; suspended

SCROLL FOR NEXT