Officials say a trade policy will present higher infrastructure and extra credit score to traders. Image for representational function solely.
| Photo Credit: AP
The authorities is working to bring a nationwide retail trade policy for brick-and-mortar retail traders with an goal to promote ease-of-doing business, a senior official mentioned on March 6.
Joint Secretary within the Department for Promotion of Industry and Internal Trade (DPIIT) Sanjiv mentioned that the policy would additionally assist in offering higher infrastructure and extra credit score to traders.
The Department, he mentioned, can be working to bring an e-commerce policy for on-line retailers.
“We want that there should be synergy between e-commerce as well as retail traders,” Mr. Sanjiv mentioned at a convention on FMCG and e-commerce right here.
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The Department can be within the course of of formulating an insurance coverage scheme for all of the retail traders.
The accident insurance coverage scheme would notably assist small traders of the nation, 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 mentioned.
The Joint Secretary urged the business to deal with producing prime quality merchandise.