Union Budget 2021: SCAI asks government intervention for the retail sector recovery

BENGALURU: Shopping Centres Association of India has sought the government of India’s intervention for speeding up the recovery of the Shopping Centres and organised modern retail in the upcoming union budget. In a recent list of recommendation the industry body had asked for restructuring GST norms to strengthen the retail/shopping centre industry and measures to ease the situation by providing interest subsidies, reducing GST rates, financial waivers.
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