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Sunday, 27 November 2011

Some of the Retail FDI proposals made by the govt. India


   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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