Retail Trade Policy 2015

Government of Karnataka announced Retail Trade Policy 2015 on 13.06.2016 vide G.O.No. CI 291 CSC 2015 with a vision to to create an efficient and seamless internal trade opportunity and to boost the economic competitiveness of the State Economy by promoting and facilitating world class logistics and warehouse chain, minimizing wastage and transaction cost within the retail enterprise, giving the best value for money to the ultimate consumer while at the same time maximizing returns to the product, particularly farmers and SMEs.

The objectives of Retail Trade Policy are as follows:

1. To boost Karnataka‘s position in the Retail Trade within the country.
2. To further accelerate investment flow to underdeveloped regions of the state.
3. To create large local employment opportunities, to educate the youth of all sections of the society across the region, especially in rural areas.
4. To leverage Retail Trade as a tool for socio-economic development of the State.

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