Telangana to shortly come out with retail policy

Press Trust of India  |  Hyderabad 

The government will shortly come out with a trade policy and it will be incorporated with 'Direct Selling', a said.

"Very shortly in a matter of next couple of months we are bringing out our trade policy and we have decided to include'Direct Selling' also as a component of this trade," for IT and Industries Jayesh Ranjan said.

"For the organised we are announcing in our trade policy that the state will take care of responsibility for training (skilled manpower) completely at its cost, and if 'Direct Selling' is included in the trade policy then this benefit will be also extended to the direct selling sector, Ranjan said.

After and Chhattisgarh, the government had come out with guidelines regulating the business of direct selling industry.

Addressing a Thanks Giving Conference for Government here organised by FICCI and Indian Direct Selling Association for coming out with such guidelines, Ranjan further said the draft trade policy has been prepared and right now it was being circulated among other government departments for their remarks and inputs.

The benefits which are being committed in the trade policy will be applicable to the direct selling sector, he said.

Ranjan called upon the distributors of the direct selling industry to influence their companies to set up bases in and assured of extending necessary support from the government.

He also wanted the direct selling industry to take care of consumer welfare/issues and for implementing a strong internal monitoring committee.

We see any investment in as a favour you (industry) are doing to us (government) and therefore all the clearances, permissions are given in 15-day time period, along with incentives and good quality infrastructure," Ranjan said adding, there was a strong local procurement policy in

"Because of pro-active support from government, is setting up its second largest in Hyderabad," he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, April 08 2018. 14:35 IST