Decoding the FDI policy liberalization in food retail

By William Vivian John and Tanaya Sanyal, Luthra & Luthra Law Offices
0
2777
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

While agriculture employs almost half of India’s population, it contributes only about 14% to the nation’s GDP, resulting in low per capita income of the workforce engaged in the sector. And, while India produces a significant proportion of several of the world’s crops, its yields for certain crops are low.

William Vivian John Partner Luthra & Luthra Law Offices
William Vivian John
Partner
Luthra & Luthra
Law Offices

Besides low productivity, the key challenges facing Indian agriculture include low pricing for agricultural produce, with only a small fraction of the final price reaching farmers, and consequent lack of investment in and access to modern infrastructure. Wastage of post-harvest agricultural produce also remains a significant challenge.

In this context, the foreign direct investment (FDI) policy liberalization, through Press Note 5 of 2016, to permit 100% FDI with Foreign Investment Promotion Board approval in marketing of food products produced and manufactured in India, is a welcome move.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

William Vivian John is a partner and Tanaya Sanyal is an associate at Luthra & Luthra Law Offices. Gayatri Loomba, also an associate, assisted with research. This article reflects the legal position prior to the 2017-18 budget. The views expressed here are personal. They are intended for general information purposes and are not a substitute for legal advice.

Luthra-Luthra-Law-offices-400x230

9th Floor, Ashoka Estate

Barakhamba Road

New Delhi – 110 001

India

Contact details:

Tel: +91 11 4121 5100

Fax: +91 11 2372 3909

Email: delhi@luthra.com

Website: www.luthra.com

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link