No quick decision on organised retailing policy: Pawar

March 15th, 2008 - 1:09 am ICT by admin  

New Delhi, March 14 (IANS) The government would take a final decision on the organised retailing policy only after the International Council for Research on International Economic Relations (ICRIER) submitted its impact report, said Agriculture Minister Sharad Pawar here Friday. “The recommendations and findings of the city-based ICRIER study will enable the government to take a view on the need to have a policy on organised retailing,” Pawar informed the Rajya Sabha in a written reply.

The study on “The impact of organised retailing on the unorganised retail sector” was commissioned in March 2007 as the ruling United Progressive Alliance’s (UPA) supporters like the Left parties the Bahujan Samajwadi Party (BSP) opposed the entry of corporate giants into the retail sector.

Those who opposed opening up the retail sector claimed that the entry of corporate giants would render millions of people in the unorganised retail sector jobless.

ICRIER was to submit its final report in July 2007, but the schedule was changed to May 2008, Pawar said.

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