: Traders to campaign against alleged malpractices of ecommerce firms from 15 Sept #FinanceIndia #StockMarketNEWS Traders to campaign against alleged malpractices of e-commerce firms from 15 Sept

@StockMarketNEWS Mon 06 Sep, 2021

Posted in: #FinanceIndia #StockMarketNEWS

Traders to campaign against alleged malpractices of ecommerce firms from 15 Sept #FinanceIndia #StockMarketNEWS
Traders to campaign against alleged malpractices of e-commerce firms from 15 Sept New Delhi, Sept 6 (KNN) The Confederation of All India Traders (CAIT) will hold a wide campaign beginning from September 15 against the alleged malpractices of foreign-funded e-tailer companies.

Greatly peeved by the ongoing mal- practices of foreign funded e-commerce companies in India, the traders across the country have joined hands together to fight out major global e-commerce through an aggressive nationwide agitational campaign from 15th September, the traders body said in a statement on Sunday.

The CAIT has convened a day long national conference of trade leaders of all the states of the country on September 9th at New Delhi to take stock of the current scenario in e-commerce and to carve out future strategy of the campaign.

Despite having so many established policies, laws and rules and a sound administrative system in place, it is highly regretted to note that no concrete action has been taken against big e- commerce companies who are still violating the concerned rules and laws, said CAIT National President B C Bhartia & Secretary General Praveen Khandelwal.

They said that it is most astonishing to see that various courts including the Supreme Court have made some strong reflections on the business module of a few of global companies, yet they have not been caught for violations whereas if an ordinary found on wrong side, the administrative didn’t take even a minute to initiate action against them.

These companies are well aware of the loopholes and they have emerged as experts for dodging the law. Why are the agencies not taking immediate steps and why are these companies being given time & leverage to make things accordingly? asked CAIT.

The duo also said that the traders of the country are fully geared up to take on the global e-commerce companies.

We openly support the draft of e-commerce rules under the Consumer Act by the Union Minister of Consumer Affairs Minister Piyush Goyal and the Halla Bol campaign will raise strong and effective voices across the country to implement these rules without wasting any more time, they added.