On the other hand, organized retailing refers to trading activities undertaken by licensed retailers who are registered for sales tax, income tax, etc. Poverty can be defined as a social phenomenon in which a section of society is unable to get even the basic necessities of life. The.N estimates that 17 million are added to the population each year.
Assistant Professor, Babu Banarsi Das University, Lucknow 1, rural Retailing in India-The Road Ahead. In addition to this private investors also considering rural as Creamy sector and dominantly what comes after introduction in essay supposing as processing and consumption centers. Cash transactions are encouraged as the purpose of setting up the store is to provide an immediate spending avenue for the cash the farmers had just received by selling their produce. Through its echoupal network, ITC had reached out to 31,000 villages by 2007, reaching an estimating.5 million farmers and has set up a Choupal Sagar at 24 of the 127 hubs. Will Choupal Sagar is able to capture the spending of these smaller farmers and non-farming community.
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