Retail in Asia

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West Bengal chief minister to open up state’s backend retail to private sector

After halting the Centre’s decision on foreign direct investment (FDI) in multi-brand retail, West Bengal chief minister, Mamata Banerjee is in the process of opening up the states backend retail sector to the private sector.

The Banerjee administration is in the process of coming up with amendments on the Agriculture Produce Marketing Committee Act (APMC) Act, which will allow free intra state movement of agriculture produce.