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RETAIL SECTOR
BY
Narendrasingh Patankar
The bill
1. The retailers (both single-brand and multi-brand) will
have to source at least 30% of their goods from small
and medium sized Indian suppliers.
2. All retail stores can open up their operations in having
population over 1 million. Out of approximately 7935
cities and towns in India, 55 cities satisfy such criteria.
3.Multi-brand retailers must bring a minimum investment of
US$ 100 millions.
4. The opening of retail competition (policy) will be within
the parameters of state laws and regulations.
SWOT ANALYSIS
Strengths
1.
2.
3.
4.
1.
2.
3.
4.
Weaknesses (limitations):
Lack of Competition
Highly unorganised
Low productivity:
Shortage of talented professionals:
Opportunities (benefits):
1. There will be more organization in the sector.
2. Healthy competition will be boosted and their
will be an check on the prices (inflation)
3. Create transparency in the system
4. Quality Control and control over leakage and
wastage
5. Heavy flow of foreign capital will help in
building up the infrastructure for the growing
population
Threats (drawbacks):
1. Political situation
2. Global Economy Status
CONCLUSION
Instead poking the political game in the
economic reform issues like these, all the
political parties (ruling party and all other
opposition parties also) of India, should
work in symbiosis, not only for their selfish
benefits, but for the welfare of the public at
large. Needless to say India is a
democratic country... !!!!