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Budget 2021: What retailers want from Sitharaman's budget? The $854 billion Indian retail sector, which is slowly getting back on track with the opening up of the economy, expects budget to prioritise growth-oriented policies and measures to boost the local economy and help revive retail, saving millions of jobs BusinessToday.In | February 1, 2021 | Updated 05:50 IST RAI has urged the government for formulation and implementation of national retail policy The Indian retail industry, one of the worst affected sectors due to the COVID-19 pandemic, expects Finance Minister Nirmala Sitharaman to...

Budget 2021: What industry wants SECTIONS Last Updated: Jan 26, 2021, 10:32 AM IST Share Synopsis India Inc wants a strong stimulus dose for the pandemic-hit economy in the upcoming budget to help it rebound from the Covid disruption Getty Images Comprehensive relief package for aviation sector India Inc wants a strong stimulus dose for the pandemic-hit economy in the upcoming budget to help it rebound from the Covid disruption. ET looks at the wish list of some key sectors: Higher 25% depreciation rate for passenger vehicles & 2-wheelers Reinstatement of investment allowance for component ma...

New Delhi: Ahead of the upcoming union Budget, retailers' body RAI on Friday urged the government for formulation and implementation of national retail policy and let retailers to register under MSMEs to get benefits, saying the industry needs support after almost being squashed during the coronavirus pandemic.

In a pre-budget representation, seeks inclusion of them under MSMEs

National Retail Policy: Allow retailers to be registered as MSME, RAI asks Centre RAI in its pre-budget representation mentioned that Centre needs to put some efforts to boost the retail industry to save millions of jobs in the upcoming budget. Representative image The Retailers Association of India (RAI) requested the Union government on January 15 to accelerate the formulation of the National Retail Policy. Apart from this, the retail industry body also urged the Centre to allow retailers to be registered as micro, small and medium enterprises (MSME) to avail benefits. RAI, in its pre-budge...