CAIT writes to PM, seeks national retail trade policy
New Delhi: Traders' body CAIT on Sunday said it has written to Prime Minister Narendra Modi seeking a national policy for retail trade and formation of a separate ministry of internal trade.
In a statement, the Confederation of All India Traders (CAIT) said it has also suggested that foreign trade may be assigned to the Ministry of External Affairs instead of Ministry of Commerce, which is presently the nodal government department for it.
The traders' body claimed that these steps will not only strengthen the domestic trade but also improve export performance of the country.
The body's Secretary General Praveen Khandelwal said that domestic trade has remain neglected by every government and no focus is given to streamline the internal trade.