Keeping at par with the recent budget proposals for the financial year 2016-17 in the infrastructure and investment sector, wherein 100% Foreign Direct Investment (“ FDI ”) is allowed through the Foreign Institutional Promotion Board (“ FIPB ”) in the marketing of food products [1] , provided that such items are sources and processed in India itself, there are considerable talks on affording the same opportunity to Food E-tailers. The intention/ objective of permitting such FDI is to increase the food consumption percentage, thereby giving the much needed boost to the food processing industry and farmers, increasing employment in the sector and strengthening the bond between farmer and folk by fetching better price for the product, as the current profit margins from the sale of food is negligible. Therefore the urgent need to bring about parity between investments for online and offline food retailers. Food E-tailers are an online platform for retailing of food. It is cons...
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