Defer GST rate hike on textiles, footwear: CAIT to FM
The Confederation of All India Traders (CAIT) has urged Finance Minister Nirmala Sitharaman to defer the implementation of the GST rate hike on textiles and footwear.
The Confederation of All India Traders (CAIT) has urged Finance Minister Nirmala Sitharaman to defer the implementation of the GST rate hike on textiles and footwear.
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.
In a statement, the traders' body said: "The domestic trade of India is suffering amid the worst days of the century due to Covid-19, which has brought the traders on their knees with no sign of respite in the near future."
Earlier, CAIT had given a call to boycott Chinese goods across sectors to encourage Indian industries.
The ‘safety pin’ movement was possibly inspired by the 2014 ‘#illridewithyou’ movement in Sydney, amid the fear of an Islamophobic backlash after a terrorist attack, where, as a symbol, people offered to sit next to Muslims who felt threatened on their commutes.
The Hotel Association has written to the Confederation of All India Traders (CAIT) and has extended full support to its boycott Chinese goods campaign.
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