CAIT alleges misuse of data and uneven competition by MakeMyTrip
The confederation urged the government to examine the business module of such companies and ensure necessary action if required.
The confederation urged the government to examine the business module of such companies and ensure necessary action if required.
The Confederation of All India Traders (CAIT) came down heavily on the Directorate General of Foreign Trade (DGFT) for promoting e-commerce players to leverage district-specific products and their exports from the country.
The ongoing Diwali festival season is all set to bring cheers for the trading community of the country as it is expected that there will be a fresh infusion of about Rs 2.5 lakh crore in the markets by way of shopping and sale of goods and usage of services, said the Confederation of All India Traders (CAIT).
The CAIT has once again re-continue its boycott of Chinese goods campaign in festive season. Every year 20 crore Ganesh idols worth 300 crore are purchased.
CAIT's Delhi Chapter President Vipin Ahuja in a letter sent to Puri, stated that Delhi is the largest commercial distribution center of the country from where goods are transported to other states.
n September, the country's mobile phone shipments dropped 8.1 per cent year-on-year to reach 21.44 million units, said the CAICT, a research institute under the China's Ministry of Industry and Information Technology.
It alleged that the "exploitation" of the e-commerce business has reached to an extent that lakhs of shops have been forced to close by unethical business practices of e-tailers in India.
This comes after CAIT’s day-long Bharat Vyapar Bandh', on February 26, received a lukewarm response.
It will also urge the government to rectify glitches in e-commerce for preventing violation of law by foreign e-commerce companies.
It also called for setting up of a regulatory authority for the e-commerce sector. Such authority should be empowered with due rights to take any penal action against those who violate the law or policy, the traders' body said.
