More states to come up with their retail policies by next year

As per the Retailers Association of India (RAI), about 12 states of the country are planning to come up with state-specific retail policies by 2016.
Retail Association of India

As per the Retailers Association of India (RAI), about 12 states of the country are planning to come up with state-specific retail policies by 2016. This move by the states will help facilitate the ease of doing business in the retail sector.
Commenting on the same, Kumar Rajagopalan, CEO, RAI said “Maharashtra already placed a draft retail policy on its website for comments over a month ago. We expect Telangana, Andhra Pradesh, Rajasthan and others to follow suit soon as they are also working on state-level retail policies."
“In all, about a dozen states, including Delhi, Madhya Pradesh and Kerala, are firming up contours of retail policies, which would help organise the sector and contribute to GDP,” he added.
The retail sector covers 15 percent of country’s GDP.
"With the government stressing on 'Make in India', an organised retail sector can boost consumption, which in turn will push up local production and help increase GDP," Rajagopalan said.
RAI is also expecting the Labour Department to put out a model policy for the Shop and Establishments Act for states to follow.
With an intention to create an operating environment for retailers so that they can work 365 days a year, RAI is also working towards amendments in labour regulations to recognise part-time labour.
"As the retail sector is a large employer, there should be a provision to keep stores open 365 days a year, with all labour policies adhered to," Rajagopalan added.
With this it will not just help retailer increase their productivity but employ more people.

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