The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
BusinessHealth & Wellness

E- commerce giants have backstabbed India in this hour of crisis- CAIT

by TLN Team April 7, 2020April 6, 2020
written by TLN Team April 7, 2020April 6, 2020
E- commerce giants have backstabbed India in this hour of crisis- CAIT

The Confederation of All India Traders (CAIT) said that it is highly unfortunate and extremely reprehensible that in this hour of global and national Crisis due to Covid19, the E-Commerce giants have stopped their operations and failed to stand up to the Nation’s needs.

Mr. B.C.Bhartia, National President & Mr. Praveen Khandelwal, Secretary-General of CAIT said that this delinquent behaviour by E-commerce portals is also condemnable because in such a scenario where all stakeholders should actually assume responsibility and come forward to help the country, they have chosen to step back and sit on the fence because doing business during crisis hours does not seem profitable to them.

They further said that these E-commerce players who have such deep pockets and keep indulging in malpractices throughout the year to destroy the business of small retailers by indulging in deep discounting have completely gone into hibernation mode when they should have actually come out to deliver essentials throughout the country. They have shown their true colour to the nation and now can be labelled as ‘fair-weather friends’ only.

Both Mr. Bhartia & Mr. Khandelwal appreciated the role played by the offline traders of essential commodities throughout the country who against all odds have gone against the wishes of their family by putting their own life under severe threat of getting infected from Covid19 and serving the nation selflessly under such horrid circumstances and providing essential commodities to the people of the Country.

The traders of India have responded to the call given by the Prime Minister to stand up tall and ensure that no Indian is left at the mercy of hunger and poverty.

Both leaders said that out of 1.25cr traders of essential goods about 25% of total traders of essential commodities are able to operate on ground due to various lockdown restrictions and movement hassles and these selfless traders are operating under losses  but even then nothing has deterred them to rise to the occasion with utmost sincerity because they understand that in crisis, It is always nation before self and not self before nation as being practiced by the E commerce portals.

Both leaders further said that, the future looks uncertain and bleak at the moment. Indian retail is losing daily business of approximately USD 2 Billion i.e about Rs.15 crores for the last 20 days and at this stage we are still unsure how long this lockdown will continue. Of about 7 crore traders in India 6.5 crores are completely shut due to nationwide lockdown. The CAIT has written to the Government and has sought specific economic relief package from the Government so that the 7 crore traders of India are able to bounce back strongly from this Covid19 catastrophe which has not only endangered the life of humanity but  also caused an economic pandemonium accross the globe, the repurcussions of which will reverberate for a long time to come.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
PhonePe launches the #i4India movement
next post
Amid Lockdown,SECR Appeals Traders to Take Advantage of Parcel Train Service

You may also like

VIA LEW Masterclass on “How to be Pitch...

July 4, 2022

Butibori Manufacturers Association to observe no-honking day on...

July 2, 2022

VIA to organise “Plant Based Foods Export” Workshop...

July 2, 2022

Nagpur distt reports 80 new COVID-19 cases

July 1, 2022

Withdrawal of GST exemption on Room Tariff will...

June 30, 2022

VIA-LEW organized program on Recent changes in Income...

June 30, 2022

Seminar on amendments in GST and compliances in...

June 30, 2022

Centre directs states/UTs to conduct random RT-PCR test...

June 30, 2022

GST new rates, check list of items, services...

June 30, 2022

Isha Ambani to become chairman of Reliance conglomerate’s...

June 29, 2022

Trending News

  • Rahul Narvekar is new Mah Assembly Speaker

    July 3, 2022
  • India logs 17,070 new COVID cases in last 24 hours

    July 1, 2022
  • Rise in COVID cases, India reports 18,819 positive in last 24 hours

    June 30, 2022
  • First batch of pilgrims leaves for Amarnath Yatra

    June 30, 2022
  • India bans single use plastic, to be in effects from July, check list of ban items

    June 28, 2022

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

April 2020
M T W T F S S
« Mar   May »
 12345
6789101112
13141516171819
20212223242526
27282930  

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us
  • Work with us
  • Contact Us

© 2020 - The Live Nagpur . All Rights Reserved.