India News
CAIT revealed: how China-made goods are being sold in India
CAIT Revealed: 40 percent of the total consumption in the country is of retail business. But to Capture this Market, e-commerce companies are doing business illegally.
“Retail has a turnover of around $ 950 billion annually in the country. About 45 crore people get employment from this field. At the same time, 40 percent of the total consumption in the country is of retail business. But to Capture this Market, e-commerce companies are doing business illegally. Selling goods made by China indiscriminately. These e-commerce companies are trying to take the country towards economic slavery. ” These allegations are from the Confederation of All India Traders (CAIT), the country’s largest trade organization.
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CAIT national president BC Bhartia and national general secretary Praveen Khandelwal have alleged, “E-commerce companies are selling foreign goods on their e-commerce portal, especially those made of China, indiscriminately on their portals. And by making a monopoly on the retail market of India through the country’s e-commerce business, she wants to take possession of the country’s retail market. These companies are doing arbitrary business bypassing various laws, including the FDI retail policy of the Government of India.
Due to this, PM Narendra Modi is also mocking the call for “Local to Vocal” and “Aatma Nirbhar Bharat”. After these companies poisoned the e-commerce business, now the country’s traders adopt e-commerce business. I am facing a lot of difficulties, which will make the foundation of the economic future of the country hollow. Therefore, it is very important to run the legal whip of the government on these companies. “
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This is the demand of CAIT
BC Bhartia and Praveen Khandelwal said, “There will be a demand from our Prime Minister Narendra Modi to announce an e-commerce policy very soon, in which a forced and empowered e-commerce regulatory authority is formed. Set up a joint committee of businessmen and officials across the country at the central, state, and district levels, to include government officials and representatives of traders to implement vocal and aatma nirbhar Bharat at the local level.