Demanding issuance of a revision plugging all loopholes in press note 2 of FDI policy, the Confederation of All India Traders (CAIT) today announced that trade associations across the country will undertake ‘e-mail satyagraha’ urging Union Commerce Minister Shri Piyush Goyal to accept long pending demands of CAIT and to immediately plug all loopholes
CAIT National President Mr B C Bhartia & Secretary General Mr Praveen Khandelwal also announced that more than 40 thousand small and big trade associations across Country will observe 25th March as “E-commerce Democracy Day” and on 28th March, traders all over the Country will burn Holi of Amazon & Flipkart at more than 1000 places across the country to register their anger and resentment against these foreign funded e-commerce companies controlling, monopolising and dominating not only e-commerce through subterfuge entities like Cloudtail.
Mr Bhartia & Mr Khandelwal firmly said that DPIIT meeting India-based representatives from Amazon, Flipkart percolated within the cover of our respected apex chambers of commerce and industry, is akin to falling for wolves in sheep’s clothing.
It is perfectly fine, for DPIIT to meet any of these executives under their own company’s banner, but deeply problematic for them to be allowed to pass off their machinations under the holy banners of CII, NASSCOM, Assocham, PhDCCI, NASSCOM, FICCI, etc., CAIT said.
These ‘Macaulay Putras’, it said, are stooges serving a colonising power. The foreign handler/s in question are eating into our trade dynamic and mechanism. Meeting the ‘Macaulay Putras’, acting as chairmen and co-chairmen of e-commerce committees in our apex chambers, is confusing signal to agencies like ED probing these very handlers, ‘Macaulay Putras,’ and downstream entities.
Mr Bhartia & Mr Khandelwal stated that both Amazon & Flipkart have been behaving like “cowboys” in India for far too long and their business model persist with gross malpractices despite several public warnings by Sh Goyal. Their scant respect to Indian laws, rules and regulations has made a joke to the country’s marketplace model applicable on these foreign platforms.
It is time a strong lesson is sent out by DPIIT that India’s administrative system is capable of protecting the sanctity of our own laws and rules.
Therefore, a thorough plugging of loopholes needs to be released without further loss of time.
Mr Bhartia and Mr Khandelwal also announced to expose illegal and unauthorised cartel of E-commerce companies, Brand-owing companies and Banks which are working hand-in-glove to cause further damage to business of traders in the country. These entities have come on a common platform and joint in the hip in flouting Indian law and rules.
A comprehensive memorandum will be handed over to about 700 District Collectors in the Country on 25th March exposing this unethical cartel of Banks, Brand owing companies & e-commerce companies.