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<root>
    <author>ENA</author>
    <category>MSME</category>
    <date>2018-11-28 09:17:59</date>
    <fulldesc>&lt;p&gt;&lt;strong&gt;New Delhi, Nov 28 (KNN) &lt;/strong&gt;After MSMEs, it is going to be the turn of retailers and traders to be showered with goodies.&lt;/p&gt;&#13;
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&lt;p&gt;A mega package is in the works to be announced soon by the Prime Minister Narendra Modi to assuage the retailers bruised by twin shocks of demonetisation and GST.&lt;/p&gt;&#13;
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&lt;p&gt;Senior Government officials have been in consultation with trade and industry bodies such as FISME and CAIT to work out a policy response to address traders top concerns.&lt;/p&gt;&#13;
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&lt;p&gt;The package is likely to have an interest subvention scheme and an accidental insurance scheme for retailers.   The government may also pick some cost to promote digital payments. &lt;/p&gt;&#13;
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&lt;p&gt;People familiar with developments told KNN India that Government may also announce formulation of a national retail policy.   &lt;/p&gt;&#13;
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&lt;p&gt;However, Government is struggling to develop an appropriate policy response to address nervousness of retailers about e-commerce.   &lt;/p&gt;&#13;
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&lt;p&gt;A plan to e-equipping retailers with hardware and software to participate in digital economy and e-commerce is on drawing board too. &lt;strong&gt;(KNN Exclusive)&lt;/strong&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>21408</id>
    <link>https://knnindia.co.in/news/newsdetails/msme/knn-india-exclusive-pm-modi-to-announce-mega-package-for-retailers</link>
    <pubDate>2018-11-28 09:17:59</pubDate>
    <source>knnindia.co.in</source>
    <title>KNN India Exclusive: PM Modi to announce mega package for Retailers</title>
</root>
