Govt to form national policy for retail trade: Traders' body
Traders' body CAIT has said Commerce Minister Suresh Prabhu has assured them that the government would formulate a national policy for retail trade. The policy will apply to all verticals, including small business, big retail, e-commerce and direct selling, CAIT said. In a meeting with Prabhu, CAIT Secretary General Praveen Khandelwal also alleged that e-commerce portals are violating FDI norms.