The Economic Survey for year 2010-11 has been tabled in the Parliament today. The Union Finance minister had presented the Economic Survey for the fiscal year 10-11. As per the survey report, the retail sector has been given more emphasis. In this report, foreign direct investment (FDI) in the retail sector has been recommended.

The government needs to prompt this sector in a phased manner. Retail has been the most emerging sector in a country like India at this period of time. It’s all up to the government to take suitable steps to improvise its plans properly to open up the sector for the foreign investors as well.

So it has been expected that the government will make its policies and roadmap quite clear soon if not in this budget, then may be in the near future.

Now most of the retailers are eagerly waiting to know the governments stand to pick up this sector. They are expecting the government to come up with much clearer policy decision in next few months.