Traders across the country are going to launch a rapid movement from November 20 to December 31 against the arbitrary violation of the e-commerce companies and the FDI policy. It was announced by the Confederation of All India Traders (CAT) on Thursday. Announcing the movement in New Delhi, CAT National President BC Bhartia and National General Secretary Praveen Khandelwal said that the aim of this movement is to expose the e-commerce companies who are flouting the policies of the government and retail of the country The intention of occupying the business directly or indirectly is nurtured. We have to fail all such plans.
He also informed that through this movement, the central government will immediately announce an e-commerce policy, set up an e-commerce regulatory authority and issue a new press note, removing the flaws in press note 2 of the FDI policy. Pressure will also be created.
E-commerce is destroying such small traders
Bhartia and Khandelwal said that big e-commerce companies like selling goods at prices below cost, deep discounts, control of their inventory, selling their products only on their portals with big brands Trading of small traders has been severely ruined by trading methods. On this matter, many banks are also involved in unethical alliances with these companies by giving many types of cashbacks and discounts on purchases made on their portal. Not only this, a large amount of country’s data is being leaked to these companies in a planned manner.
Giving an example in this context, he said that if something is booked by a government scheme, then immediately the person gets the message of these companies, which clearly shows that a thought conspiracy to capture India’s retail market is conspired Its going on.
Traders will not sit silent now
Bhartia and Khandelwal say that these e-commerce companies are economic terrorists and want to dominate their economy on India’s economy, which will be strongly opposed in the whole country. The businessman of the country will no longer sit silently and will come out on the streets to oppose these companies and will demand strong words that now the government will not sit silently and help these companies more. Direct action should be taken against them for violation of policy and the way of functioning of these companies.
The country’s retail businessmen can no longer see their rights being violated openly. We are ready to pay every price for our rights. Now there will be vigorous demonstrations against these companies across the country and traders will express their displeasure over this matter by taking part in virtual and direct merchant conferences. Not only the central government but also all the state governments will demand these companies not to sell goods in their state. Every businessman of the country will take part in this movement.
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There is a constant demand for e-commerce policy
Bhartia and Khandelwal say that 40 million people get employment from 70 million small and big businesses of the country, which cannot be neglected like this. We are constantly demanding a strong e-commerce policy from the government. We send letters to the government several times, press note no. Of FDI policy 2017 and FDI policy 2018. 2 has attracted immediate attention to the violation of foreign companies and has demanded immediate action on them.
The bye-laws of the current FDI policy not only do not allow any type of foreign company to invest in multi-brand retail, but any foreign company or foreign-owned e-commerce company controls the inventory of sellers on the Indian e-commerce platform. Do not even allow to do it. However, there are clear indications that many large foreign e-commerce companies such as Amazon Pantry, Cloudtail Pantry, etc. are not only directly controlling the “inventory-based e-commerce model” related to grocery retail but also investing in them.
Source: www.financialexpress.com
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