Cold
storage facilities for farmers to prevent post-harvest losses.
In case of FDI’s more than 51%, 30 per
cent of product sourcing would have to be done from village and cottage industries as well as small and medium enterprises, so as to benefit this
sector.
Hoding that only 53 Indian cities
with a population of 10 lakh and over would attract FDI proposals by virtue of
the policy provisions, govt assured that small retailers would not only coexist
with big players, but also grow by 13 per cent in the coming
years.
The
decision on FDI in retail has come close on the heels of another major policy
rollout -- the National Manufacturing Policy -- which envisaged increasing the
manufacturing sector's share in the GDP from 16 per cent to 25 per cent in 10
years and create 100 million jobs.
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