Home / Knowledge / News / Textiles / 'Ten states likely to establish retail policies'
'Ten states likely to establish retail policies'
26
Nov '15
The Retail Association of India's (RAI) appeal to State governments to come up with policy on retail may soon show results, according to a newspaper report.

Kumar Rajagopalan, CEO of RAI, told reporters that at least nine or ten states have shown interest to work out a retail policy. He was speaking on the sidelines of the Chennai Retail Summit – 2015.

He said that the retail sector contributes around 15 per cent of the country's GDP, but has not been considered as industry, and systems are not in place to support the sector's growth.

He said that the Maharashtra government has come out with a draft policy, while Andhra Pradesh, Telengana and Karnataka are contemplating a retail policy. When the Goods and Service Tax regime comes into existence, the retail sector would be more important considering those would be the points where the highest amount of tax collected and policy related to the sector would help the particular states to work better, he added. The RAI has also discussed the issue with the governments of Delhi, Madhya Pradesh and Kerala.

The Association says a policy is required to put systems for the retailers to operate all the days in a year. It has also sought amendments in the labour regulations to enable the retailers to work more days and to recognise part time labourers. It also said that similar to the exemptions given for IT industry to employ women workers without time restrictions, the retailers should be allowed to employ women workers if the retail establishment takes responsibility about the safety and security of these workers.

Rajagopalan also pushed for ease of doing business, pointing out that currently, retailers have to procure at least 50 licenses from various government departments to start business. He said the entire procedure must be brought under a single window clearance system. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Pakistan’s FBR imposes 5% sales tax on cotton import

Textiles | On 21st Jul 2018

Pakistan’s FBR imposes 5% sales tax on cotton import

Pakistan’s Federal Board of Revenue recently withdrew sales tax...

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Textiles | On 21st Jul 2018

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Bangladesh will set up a Tk10,000-crore Jute Sector Development Fund...

Ahmad A. Al Sa’adi and Kwon Pyung-Oh display a comprehensive Memorandum of Understanding; Courtesy: Saudi Aramco

Textiles | On 21st Jul 2018

Saudi Aramco, KOTRA sign MoU for business cooperation

Saudi Aramco has signed an MoU with the Korea Trade-Investment...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search