Maharashtra's draft Retail Policy covers e-commerce too
* Focusses on creating Retail Entertainment Zones, accelerate investment flow to under-developed regions By Kartik Lokhande Maharashtra Government, on Thursday, released draft of the Retail Trade Policy-2015 becoming the first state to do so. The draft policy defines retailer, multi-brand retail or supermarket, and single-brand retailer, and also covers direct selling as well as sale of goods through e-commerce, television, mobile phone or tablet, and other new-age platforms. The draft will become full-fledged policy once approved, and it will be applicable for five years. The policy has been drafted with a vision to boost State’s economic competitiveness by promoting and facilitating world-class logistics and warehouse chain, minimising wastage and transaction cost within retail enterprise, and giving the best value for money to consumer while maximising returns to producers, farmers, and small and medium enterprises. It also aims at making Maharashtra the most fav...