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  • Trade Body Warns Modi Sarkar on delay in implementation of FDI policy in e Commerce; to launch agitation

    Published on January 27, 2019

    New Delhi: Confederation of All India Traders (CAIT), the apex body of traders organization across the country is visibly upset with the BJP-led Modi government at the centre for its non- commitment in the implementation of FDI policy in e Commerce. In a statement issued today the CAIT, the largest traders body with over 30 million active members across the country, warned the Modi Government against any possible “deferment or extension of February 1 deadline” for implementation of FDI policy.

    Reiterating CAIT resolve to fight for the FDI policy National Secretary General Praveen Khandelwal said that his organization has resorted to “a novel way to convey the message in strong terms by launching an  e mail campaign asking its constituents across Country to send e mails to Commerce Minister Shri Suresh Prabhu cautioning him not to extend date under any circumstances. Copies of the letter to Mr. Prabhu have been sent to DIPP Secretary Shr.  Ramesh Abhishek and CEO Niti Aayog Shri.  Amitabh Kant.”

    Khandelwal further said that the campaign was already launched on 26 January when traders across Country have began to send e mails and we will ensure that millions of such e mails from Trade Associations & other Trade Organisations and individual traders should reach to Government asking not to succumb under any pressure and there should not be any deferment or extension of the deadline date. The trading community in the Country will not accept any such move and we have made our intentions very clear that of it happened, the traders will launch an aggressive national campaign against such move which is bound to create a political backlash and embarrassment to the Govt.

    Khandelwal also announced CAIT’s decision to hold a Dharna on 29th January at Jantar Mantar to “raise its voice and foil the game plan of global e Commerce players.”

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