Retailers Association of India (RAI) has been working with Government of Maharashtra to create a retail policy for the state. On representation by RAI, the Government of Maharashtra unveiled Maharashtra Retail Trade Policy. This is the maiden retail trade policy for the state.
The policy was announced by Honorable Chief Minister of Maharashtra, Shri Devendra Fadnavis on 15th February 2016 in Mumbai during Maharashtra Investment Seminar (Make in India Week). Hon Industries Minister of Maharashtra – Shri Subhash Desai, Hon Chief Secretary of Maharashtra – Shri Swadhin Kshatriya, Hon Principal Secretary of Industries, Maharashtra – Shri Apurva Chandra and Hon Development Commissioner of Industries, Maharashtra – Shri Surendrakumar Bagde were among the government dignitaries present during the launch of the policy.
Shri Fadnavis handed over the policy to Retailers Association of India in the presence of eminent RAI members - Shri B S Nagesh and Shri Kumar Rajagopalan of Retailers Association of India, Shri Jamshed Daboo of Trent Hypermarket, Shri Krish Iyer of Walmart India and Shri C P Toshniwal of Futuregroup. The policy will be valid for five years from the date of notification and aims to revolutionise ease of doing business in the state, encouraging retailers to invest in the state.
All retailers have welcomed the policy, acknowledging it as a memorable occasion for entire retail industry and a great initiative undertaken by the Maharashtra State Government to provide retail with an industry status.
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