EMIS Emerging Market Information Service India Retail Sector | Page 18

Government Policy (cont’d) Why Let Global Supermarket Operators In The Goods and Service Tax (GST)  The government has claimed that FDI in multi-brand retail will create 10 million new jobs without impacting existing employment in the unorganized retail sector, and will help keep food-based inflation down. In addition, more organized retail will mean easier and higher tax collection. Foreign multi-brand retail companies are