Perspective: Draft Retail Trade Policy | 26 December, 2022

In this episode of the Perspective Prog. Based on 'Draft Retail Trade Policy'. The Department for Promotion of Industry and Internal Trade (DPIIT) has sought the views of 16 departments and ministries on its draft national retail trade policy. According to reports, this policy would focus on formulating strategies to provide a globally competitive and sustainable environment for the overall development of retail trade through targeted efforts. India is the world's fifth-largest global destination in the retail space. According to a report by Boston Consulting Group and Retailers Association of India released earlier this year the retail industry is likely to see 10 per cent annual growth to reach about USD 2 trillion by 2032. Another report by CII-Kearney released in 2020 a cohesive national retail policy can help generate 30 lakh more jobs by 2024. So what are the key aspects of this draft policy and what more needs to be done?

Anchor: Vishal Dahiya
Producer:- Sagheer Ahmad
Guest Coordinator:- Anshuman, Vishwa Pratap Singh

Guests:
1. Dr. S.P. Sharma, Chief Economist & Director of Research, PHD Chamber of Commerce and Industry
2. Dr. Subhash Chandra Pandey, Former Special Secretary & Financial Advisor, Ministry of Commerce and Industry, GoI
3. Praveen Khandelwal, Secretary General, Confederation of All India Traders (CAIT)

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