Current news on mmm 10 implementation

I'm assuming you're referring to the implementation of the Minimum Markup Margin (MMM) of 10% on essential goods in India.

Here are some recent news updates on the MMM 10 implementation:

  1. Extension of deadline: The government has extended the deadline for implementing the MMM 10 on essential goods from April 1, 2023, to June 30, 2023. This move aims to provide more time to manufacturers and retailers to adjust their pricing strategies. (Source: Business Standard)
  2. Industry concerns: The Indian Retailers Association (IRA) has expressed concerns over the implementation of MMM 10, stating that it may lead to job losses and affect the overall economy. The association has requested the government to reconsider the decision. (Source: The Hindu BusinessLine)
  3. Impact on prices: The implementation of MMM 10 is expected to increase prices of essential goods, including food items, by 10-15%. This may lead to inflationary pressures and affect the purchasing power of consumers. (Source: Livemint)
  4. Exemptions: The government has exempted certain goods from the MMM 10, including medicines, medical equipment, and fertilizers. This move aims to ensure that essential goods remain affordable for consumers. (Source: The Economic Times)
  5. Monitoring mechanism: The government has set up a monitoring mechanism to track the implementation of MMM 10 and ensure that retailers and manufacturers comply with the new pricing norms. (Source: PTI)

These are some of the recent news updates on the MMM 10 implementation in India. The government's decision to implement MMM 10 aims to ensure that essential goods remain affordable for consumers, but the industry is concerned about the potential impact on prices and the economy.