Inadequate physical, digital infrastructure affecting efficiencies in supply chain management Key challenges of Union Budget 2021 – 22 Lack of a National Retail Policy harmonising multiple laws governing the sector Low consumption demand, further triggered due to pandemic, leading to reduction in investments Frequent and sudden tariff & non-tariff barriers leading to supply chain disruptions, increasing costs and thus reducing demand Inadequate physical, digital infrastructure affecting efficiencies in supply chain management Industry ask A National Retail Policy seeking alignment between sectoral policies and regulations Retail sector is governed by multiple laws and regulations, including economic and product specific regulations like FSSA, legal metrology, Drugs and cosmetics etc. Further, there are disparities in interpretation and implementation at all levels of the government. Thus, the proposed National Retail Policy needs to focus on the aspect of harmo...