'GST, sops in rural sector will boost FMCG industry'

The fast moving consumer goods and retail sector on Saturday welcomed the Budget proposal to introduce GST from April next year, saying the move will give a big fillip to the industry.

India retail market poised to touch $1.3 trillion by 2020: Govt

The domestic retail market is poised to touch USD 1.3 trillion by 2020 and the industry has the responsibility to provide quality goods and services at affordable prices, Consumer Affairs Minister K V Thomas Wednesday said.