RAI submitted representations to PMO, Ministry of Finance, Ministry of Commerce & Industry, Department of Promotion of Industry and Internal Trade (DPIIT), NITI Aayog, RBI and urged for relief and stimulus package to help retail industry survive the impact of COVID-19 outbreak.
RBI has extended loan moratorium from 3 months to 6 months and eased working capital financing. This extension was one of the KEY asks of RAI. Please click here to download RBI COVID -19 Regulatory Package
RAI represented to MHA and all the State Govts for opening of economic activities with necessary safety measures in Green and Orange Zones. RAI has also separately requested for permission for opening of economic activities with necessary safety measures at Malls (other than containment zones).