Put Re­tail Horse Be­fore the Cart

The Economic Times - - The Edit Page -

This refers to the Edit, ‘Free Up Or­gan­ised Re­tail, Shed Rid­ers’ (Feb 21). It is puz­zling that the gov­ern­ment does wants to free up FDI in re­tail, but it wants to do it only for do­mes­ti­cally man­u­fac­tured goods. Though the in­ten­tion is to pro­mote lo­cal man­u­fac­tur­ing, the gov­ern­ment needs to see the larger pic­ture and big­ger ben­e­fits. The pol­icy should be clear and trans­par­ent to all play­ers with­out pos­i­tive or neg­a­tive bias so that the en­tire sec­tor ben­e­fits. The gov­ern­ment needs to bring de­sir­able changes in its out­look.

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