Calling upon Union MSME Minister Nitin Gadkari to deny any proposed movement, traders body Confederation of All India Traders (CAIT) stated it won’t accept any sort of authorities”collusion” with Amazon and Flipkart.
“When the Ministry is indeed severe, allow it produce an unaffiliated e-commerce portal site and the dealers of the nation will encourage such initiative and will do every bit of it into onboard seven crore dealers of the nation on this e-commerce portalsite,” CAIT stated in a statement.
The MSME Ministry deferred its decision to make a portal site for entities.
In a letter to Gadkari on December 9, CAIT attracted attention to reports of this ministry initiating a movement to join hands with e-commerce businesses such as Amazon and Flipkart.
The dealers were protesting against the alleged breach of this foreign direct investment (FDI) policy by Amazon and Flipkart and stated that”it is just a deep-rooted conspiracy of Amazon and Flipkart to input crony capitalism under the garb of bringing overseas investment that is used for money burning maintaining predatory prices and profound discounting, controlling stock, using preferential seller strategy and exclusivity of goods”.
India Mobile Retailers Association’s traders and All India Consumer Products Distributors’ Federation attended the demo it included.
CAIT National President B.C. Bhartia and Secretary General Praveen Khandelwal alleged that Flipkart and Amazon are major losses of tens of thousands of crores of rupees from the Goods and Services Tax (GST) revenue by lowering the costs and by demonstrating substantial losses in their enterprise.
CAIT has urged an investigation to be conducted by Union Finance Minister Nirmala Sitharaman .
The trade has also advocated Union Commerce Minister Piyush Goyal to run an investigation into whether there is a breach of the Foreign Exchange Management Act (FEMA) or other regarding legislation from the e-commerce players.
Announcing another phase of this movement against Flipkart and Amazon, Khandelwal and Bhartia explained that the households of dealers throughout the nation will protest on December 24.
A postcard campaign will soon be released throughout the nation from December 15, under which dealers can send information to leaders such as the Prime Minister, Home Minister, Finance Minister, Commerce Minister and the Chief Ministers of the states advocating for action against both of these businesses, CAIT explained.