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Business

CAIT holds brainstorming session to discuss draft of E-commerce policy

by TLN Team March 5, 2019March 6, 2019
written by TLN Team March 5, 2019March 6, 2019
CAIT holds brainstorming session to discuss draft of E-commerce policy

Confederation of All India Traders (CAIT) organised a conference in New Delhi to gather views of all the stakeholders on the recently released draft of E-Commerce policy.

Amitabh Kant, CEO, Niti Aayog, interacted and discussed various aspects of the E-commerce policy with the participants to know their views and feedbacks. He said, “The retail trade in India boasts most promising future and it’s growing by leaps and bounds. However, Indian retail trade, as well as the retailers, must go digital since embracing digital is the only way forward for the trading community.”

He said retail trade is bound to expand in coming years and its imperative upon the traders to adopt technology and digitisation. “As far as E-commerce is concerned it’s a revolution and no one can afford to spare itself from the ground reality. In the changing scenario, the government will protect traders and on the other hand will also do best to have linkage between big players and small traders to ensure principle of co-existence,” he added.

Voicing concerns on the e new commerce policy, CAIT National President B C Bhartia and Secretary General Praveen Khandelwal said, “On the whole we welcome the new E-commerce policy but it should also address the concerns of all the stakeholders. Even though the policy looks comprehensive it has not provided solutions to a wide range of issues currently faced by the domestic e-commerce players.

Besides the policy should be helpful in providing opportunity of growth and expansion to indigenous players in this segment only then the vision of making India a global hub for the manufacturing of goods can be achieved. Further we demand some immediate changes in the policy such as inclusion of all players of digital payments not only BHIM and UPI, a regulatory authority should be set up for E-commerce, COD in E-commerce should not be allowed and domestic players should be brought under the ambit of the policy.”

The CAIT reiterated that the objections and suggestions received by it today will be submitted to the Ministry Of Commerce with rational expectation of making final outcome much improved and comprehensive. In the past also CAIT has actively undertaken various initiatives towards creating favourable business conditions and climate for traders to operate and contribute in Indian economy.

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