The Department for Promotion of Industry and Internal Trade (DPIIT) will soon float a draft national retail policy to seek views of stakeholders. The policy aims to streamline retail trade, promote ease of doing business in the sector. The policy would also address licensing, access to funds, direct selling and hyper-market related matters. It will also focus on ways to promote growth of the sector, increase digital payment and reduce infrastructural bottlenecks, a news agency reported quoting an anonymous senior government official. The department has completed consultations on the proposed policy. This proposal was part of the 100-day action plan prepared by the department under the commerce and industry ministry.
