Recommendations: 1.The retail domain in India is severely constrained by limited availability of bank finance. The G overnment and RBI compact to uprise suitable lending policies that will enable retailers in the organised and uncoordinated sectors to expand and improve efficiencies. Policies that encourage nonunionised sector retailers to migrate to the organised sector by hurtle in stead and equipment should be encouraged. 2.A subject commission must(prenominal)(prenominal) be established to study the problems of the retail sector and to evolve policies that will enable it to cope with FDI as and when it comes. 3. The proposed National commission should evolve a clear set of conditionalities on jumbo foreign retailers on the procurement of farmproduce, domestically construct switch and imported goods. These conditionalities must be aimed at support the barter for of goods in the domestic market, state the minimum space, sizing and protest details like, construction and storage standards, the ratio of story space to parking space etc. Giant shop centres must not add to our existing urban snarl. 4. first fashion of foreign players must be gradual and with social safeguards so that the effects of the labour dislocation can be analysed & commandment finetuned. Initially allow them to set up supermarkets only in metros. Make the costs of entry high and according to specialize norms and regulations so that the retailer cannot immediately indulge in predatory pricing. 5. In order to address the dislocation issue, it becomes imperative to get into and improve the manufacturing sector in India. There has been a all important(p) fall in employment by the manufacturing sector, to the extent of 4.06 lakhs over the period 1998 to 2001, while its contribution to the GDP has grown at an average rate of only 3.7%17. If this sector is given payable attention, and allowed to take wings, then it could be a source of orot und compensation to the displaced workforce ! from the retail industry. 5....If you want to get a full essay, order it on our website: OrderCustomPaper.com
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