Organised retail will benefit farmers: Govt study
Organised retail will benefit farmers in terms of getting better price for their produce and its impact on neighbourhood 'kirana' stores would be short- lived, says a government-sponsored study on retail.
By PTI |
NEW DELHI: Organised retail will benefit farmers in terms of getting better price for their produce and its impact on neighbourhood 'kirana' stores would be short- lived, says a government-sponsored study on retail.
The much-awaited study by Delhi-based think tank ICRIER that will have a bearing on the government policy on organised retail recommended nationwide uniform licensing policy to "facilitate modern retailing".
It recommended facilitation of cash and carry outlets in the organised retail for sale to unorganised stores.
The study, which has been submitted to the Department of Industrial Policy and Promotion, however, did not deal with the impact of foreign direct investment on small retailers.
"This study has nothing to do with the impact of FDI on retail," ICRIER CEO and Director Rajiv Kumar told reporters here.
However, it admitted that initially, mom-and-pop stores, in the vicinity of big malls, have seen drop in their sale and profit.
The much-awaited study by Delhi-based think tank ICRIER that will have a bearing on the government policy on organised retail recommended nationwide uniform licensing policy to "facilitate modern retailing".
It recommended facilitation of cash and carry outlets in the organised retail for sale to unorganised stores.
The study, which has been submitted to the Department of Industrial Policy and Promotion, however, did not deal with the impact of foreign direct investment on small retailers.
"This study has nothing to do with the impact of FDI on retail," ICRIER CEO and Director Rajiv Kumar told reporters here.
However, it admitted that initially, mom-and-pop stores, in the vicinity of big malls, have seen drop in their sale and profit.
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