Business Economics

CONCEPT PAPER ON FDI IN RETAIL TRADE INTRODUCTION retail trade is a state render and States have their avouch regulations. As such, there is no national level modelling for its development and regulation. At the central level, only the flow of remote Direct Investment (FDI) into the sector is regulated. Till recently, FDI in one brand was permitted to the extent of 51%, and FDI in cash and turn tail wholesale trading permitted to the extent of 100%. 2.In pitch to enable the Government to take an appropriate policy purpose regarding FDI in multi brand retail trade (MBRT), discussion section of industrial Policy & Promotion (DIPP), Ministry of Commerce & Industry released a treatment paper in July 2010 to elicit views and suggestions on the subject. An Interministerial Committee under the Chairmanship of Senior Economic Adviser, Department of Consumer personal matters examined and analysed the responses received. This was also followed by recommendations on the subject by an Inter-Ministerial convention chaired by Chief Economic Adviser in the Department of Economic Affairs, Ministry of Finance. 3.Based on the above findings and suggestions, a finality was taken to permit FDI in MBRT to the extent of 51% and FDI in Single brand retail to the extent of 100%.

However, the decision in respect of both multi and single brand retail had some conditions attached to protect the interests of agriculture, food processing, electronics, textiles and SME sectors in a manner consistent with international conditions, as spelt step forward in subsequent paragraphs. PROPOSAL AS FINALISED BY GOVERNMENT 4.A decision has been taken by the Government to permit FDI in MBRT in all products, in a calibrated manner, subject to the following conditions: i) FDI in Multi Brand Retail Trade (MBRT) may be permitted up to 51%, with Government approval; ii) unexampled agricultural produce, including fruits, vegetables, flowers, grains, pulses, fresh poultry, fishery and meat products, may be... If you urgency to get a full essay, order it on our website: Orderessay

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