Interviews
Retail should be governed by one 'National Agency': ASSOCHAM
04 May '09
3 min read
The study also says that the growth of organized retailing largely depends on the government policies and regulations. When surveyed regarding the measures to be taken by the government for exponential growth of modern retailing in India, 40 per cent of the respondents strongly recommended the need for granting Industry Status to the retail sector.
Around 30 per cent retailers feel that the existing multi-point taxation structure needs to be rationalized and restrictions on interstate movement of goods should be removed. Other respondents believed that pubic-private partnerships in the development of infrastructure should be promoted and a national retail policy defining the clear cut guidelines for governing the Indian retail sector should be announced.
Around 30 per cent retailers feel that the existing multi-point taxation structure needs to be rationalized and restrictions on interstate movement of goods should be removed. Other respondents believed that pubic-private partnerships in the development of infrastructure should be promoted and a national retail policy defining the clear cut guidelines for governing the Indian retail sector should be announced.
ASSOCHAM
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