RAI Submits Election Manifesto To Major Political Parties
RAI has submitted Election Manifesto to major political parties proposing that in order to put India back on track of high and sustainable growth, priority attention should be given to sectors and issues where initiatives can be taken without the requirement of major investments and time lag before the results are visible. This should be done without neglecting the medium and long term measures to realize the full potential of the Indian entrepreneurship and its economy. Hence, due attention must be given to the internal trade and retail sector keeping in mind the following objectives:
- To bring the farmer, and the consumer closer so as to make available to the common man his daily necessities at a reasonable price and ensuring remunerative returns to farmers
- To make SMEs more internationally competitive by smoothening internal trade and movement of goods by reviewing and removing all obsolete and redundant statutory rules and procedures
- Seamless movement of goods and services across the country
- To facilitate creation of job opportunities for the youth, particularly the women, by necessary skill formation in all parts of the country by evolving a suitable Public Private Partnership (PPP) model.
For achieving the above stated benefits and to have a planned and focused growth plan, we have submitted pointers for a draft National Retail Policy. Please find the election manifesto here.
Conversation/Renewal of Existing Food License/Registration Deadline Extended To 4th August 2014
Food Safety and Standards Authority of India vide their Advisory dated 4th February, 2014 has extended the timeline up to 4th August 2014 for the Food Business Operators seeking conversion/renewal of existing License/Registration under the repealed Orders by invoking the sub-regulation 2.1.2 of FSS (Licensing & Registration of Food Business) Regulations, 2011. Please find the advisory here.
Retail CFO Summit 2014
The Retail CFO Summit was organized on 21st March, 2014 at Hotel Trident, Mumbai. The attendees of the Summit got valuable insights from the stalwarts of the retail world. The Summit saw CFOs of major retailers including Future Group, Levis, Lifestyle International, Globus, Arvind Brands, Aditya Birla Retail, Bestseller, Religare, ITC LBRD and many more as speakers. The Theme of the event was: Maintaining Health & Creating Wealth.
The highlight of the Summit was an ice-breaker session by Dr. Devdutt Pattanaik, Chief Belief Officer, Future Group on how the power of myth can be leveraged in making business decisions.
Panel discussions on interesting topics such as Funding in Retail: Opportunities and Challenges, Corporate Governance and Risk Mitigation and Managing Expenses in Retail were undertaken. More information on the Summit is available on the Summit website: http://rai.net.in/cfo
Clarification in Filing Returns For Food Business Operators
The Food Safety and Standards regulations require the Food Business Operators (FBOs) to file annual returns in respect of each class of food products handled by them within 31st May of every year for the period April 1st to March 31st. RAI represented that as there are thousands of foods SKUs being sold by retail stores from a huge number of outlets all across the country, only the manufacturers/packers should be made liable to file returns. FSSAI confirmed that the rule to file returns by May 31st of every year is applicable only to manufacturers/packers. However, there is no written communication from FSSAI for the same. Hence, RAI submitted a representation to FSSAI asking for a written confirmation in this regard.
RAI’s Submission To DGFT To Allow E-Commerce Shipments From Express Mode
RAI submitted a representation to the Directorate General of Foreign contending that shipments which are sold online using online payment options should be given an option to export the shipment through express mode instead of going through the tedious shipping bill process. This will ensure lower transaction cost for SMEs and also fulfill the commitment of delivery on time. Please find the representation submitted here.
RAI’s Submission To Govt of Maharashtra For 365 Days Working
RAI submitted a representation to the government of Maharashtra contending that retailers should be allowed to stay open 365 days a year to cater to the needs of the working class consumers. Further, shops should be allowed to be open 24 hours and women employees should be allowed to work beyond 8.30 pm subject to precautionary measures for safety. We proposed that the government of Maharashtra should adopt the Delhi model which allows shops to open 365 days a year and till 11 pm on the condition that labour interest will be protected. Please find the submission to the government here.
RAI’s Submission To Govt of Maharashtra For Packged Commodities Rules
RAI submitted to the government of Maharashtra that retailers stock thousands of Stock Keeping Units (SKUs) and it is practically impossible to check each and every SKU for the compliance under the provisions of Rules and the Act. Hence, the packaged commodities rules should be made more pragmatic in order for its smooth implementation. Further, RAI submitted various concerns such as retailers should not be held accountable for violation of packaged commodities rules by manufacturers and packers, issuance of warrantee by manufacturers according to the provisions of food safety and standards act, classification of pre-packaged commodities and arbitrariness in compounding fee. Please find the submission to the government here.
RAI’s Submission To Govt of Maharashtra For Essential Commodities Act
Modern retailers face difficulty to comply with the provisions given in the Essential Commodities Act, 1955 such as limitations on stocking limits of essential commodities as supermarkets and hypermarkets see heavy customer footfalls and high sales volumes. As a result, retailers cross the thresholds specified for various commodities under the ECA within very less time of business and require frequent replenishments thereby increasing the supply chain costs. We submitted to the government of Maharashtra that the stocking limits should be increased and should be linked to a figure that reflects the volume of business generated by retailers. Please find the submission to the government here.
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