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Online and offline retail could fetch $8 billion in incremental GST by 2030: Report March 08, 2021 National Retail Trade Policy will create a conducive environment for retail: Niti Aayog With rising convergence of traditional and online channels establishing a digitally-enabled ecosystem and accelerated adoption of digital platforms by consumers, the online + offline retail (O+O) is expected to accelerate the growth of retail. According to a report released by Nasscom and Technopak, online + offline enabled sales are pegged to touch the $640 billion-mark by 2030 making digitally enabled retail’s contribution to the overall Indian retail market at 43.4 per cent. This will also mean that the O+O retail model may contribute nearly $8 billion in incremental GST collection, accounting for 37 per cent of the total Indian retail industry’s tax contribution by 2030.

Debjani ghoshAmitabh kantNational retail tradeNiti aayogNational retail trade policyPrincipal placeIndian retailNasscom reportIndia retail sectorஅமிதாப் காந்த்தேசிய சில்லறை வர்த்தகம்நீதி ஆயோக்தேசிய சில்லறை வர்த்தகம் பாலிஸீப்ரிந்ஸிபல் இடம்இந்தியன் சில்லறைஇந்தியா சில்லறை துறை