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RIP MRP: Products may not have to bear price stamp soon

RIP MRP: Products may not have to bear price stamp soon

Monday, March 20, 2017, 3:24 PM

The Maximum Retail Price (MRP) label on your everyday products may soon be a thing of the past. The government is considering letting companies do away with the mandatory practice, which global retailers find restrictive, as part of broad plans to ease regulations. Doing away with the MRP tag may require legislative changes, including amendments to the law.
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