Indian Retail

Issues for Parliamentarians To facilitate informed discussions among Indian Parliamentarians on key scotch policy issues 2/2008 Good Economics is Good Politics competitor and Regulation in Indian Retail Sector INTRODUCTION The sell sector has witnessed unprecedented growth in recent times and is currently one of the fastest growing sectors in India. addicted the large coat of this sector, its expansion is both a exploit as well as a consequence of rapid economic growth. However, it is largely unregulated a fact which implies that efforts to tote emulation or cartelise can be effective and queer the growth and welfare generation potential of this sector. It is for this reason that competition and regulation scenario in the retail sector needs to be reviewed. This Note is structured as follows. Section 1 provides an entering followed by Section II that describes the structure of the retail sector, as well as its diverse components. Section III looks at the main challenges faced by this sector, while Section IV analyses the nuances of regulation and competition in this sector. Section V concludes with questions for discussion. complex body part OF THE SECTOR In India, the retail sector is categorised into twain segments: organised and unformed.

Traditional format retailing, such as the conventional family run stores, popularly known as the kirana stores (the small stores) or the mom-and-pop stores, hand cart and pavement vendors go under uncoordinated retailing. On the other hand, licensed retailers, who are registered for sales appraise, income tax etc., such as corporate run retail arrange and hypermarkets, and privately owned larger retail business come under organised retailing.1 The retail sector is highly split in India, with 97 percent of the businesses run under unorganised retailing. The sector grew at the rate of 25-28 percent in 2007. The size of both organised and unorganised retail segments in 2007 was estimated at US$330bn. The retail industr... If you want to get a lavish essay, order it on our website: Orderessay

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