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CosmicTaco

Government Assesses Quick Commerce Impact on Kirana Stores

  • Multiple ministries evaluating quick commerce's effect on traditional mom-and-pop shops
  • No immediate policy interventions planned, assessment still in early stages
  • Trade Minister Piyush Goyal expresses concern over e-commerce growth and small trader decline
  • Industry execs warn of potential existential crisis if govt probes quick commerce companies
  • Analysts argue intervention premature, cite job creation and foreign investment benefits

Source: Moneycontrol

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