ICRIER
Retail
No FDI plan in retail: Centre
The hopes of the lobby that wants foreign investment in retail trade were dashed on Monday as the government said that there is no proposal to allow FDI in the retail.“There is no proposal to change the current (FDI)...
Retail
Will a single nodal agency help Indian retail?
Estimated to grow at 13 per cent annually from USD 322 billion in 2006-07 to USD 590 billion in 2011-12, according ICRIER estimates, retail accounts for over 10 per cent of India’s GDP. Fuelled by increasing customer base, rising...
Retail
E-retail — the future of a cash-crunched industry?
"Online shopping is not only more convenient for consumers with hectic lifestyles, but also gives a better deal for their money," says Veer Kaul CEO of Art d'nox, the premium stainless steel home décor chain from Jindal steel. There...
Retail
Technology adoption by small retailers
Small retailers are facing stiff competition from the big players in organised retail. According to 2008 ICRIER survey, half of small retailers experienced declining sales in 2006 and 2007; and 60 per cent of these retailers attributed it to...
Retail
Retail business in India to grow to $ 590 bn in 2011-12: Report
“The real GDP is expected to grow at 8 to 10 per cent per annum in the next five years. As a result, the consuming class with annual household incomes above Rs 90,000 is expected to rise from about...
Retail
Govt to provide cheaper credit to unorganised sector
In a move to help the unorganised or the traditional sector face competition from their deep-pocketed counterparts, the Government of India has planned to set up a dedicated national fund to offer cheaper credit to micro and small entrepreneurs....
Retail
SMR Act proposed for small retailers
The Confederation of All India Traders (CAIT) has demanded that on the patterns of MSME (micro, small and medium enterprises), the government should have an act to protect small and medium retailers.Calling the proposed act as ‘Small and Medium...
Retail
Regulation of organised retail is the key to co-exist: experts
‘The organised retail market in India has to be regulated to avoid extinction of the traditional retail segment and loss of employment to many small retailers, and thus both can co-exist,’ agreed experts who spoke at the panel discussion...
Retail
CAIT protests ICRIER report; calls it biased
Protesting the remarks made in the ICRIER report stating 'unorganised retailers normally do not pay taxes and most of them are not even registered for sales tax, VAT or income tax', a large number of traders from the Confederation...
Retail
Economic Census says retail is major employer; report might influence ICRIER analysts
Will it be apt to say that the recently released fifth Economic Census report seems to have come at a right time as another report on the ‘Impact of organised retail on the unorganised sector’, by Indian Council for...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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