CAIT launches a series of protest against Amazon, Flipkart and other e-commerce firms for continuous violation of the FDI policy from Wednesday, said by traders’ body. All trade leaders from 27 states gathered here at a National Traders Conference held by CAIT.
Praveen Khandelwal, Confederation of All India Traders Secretary-General said that the frontal war against Amazon and Flipkart will begin from November 13 and continue till January 10, 2020. A ‘National Protest Day’ will be held on November 20 and dharna will be organized in more than 500 cities.
As per trader body, about five lakhs traders are expected to take part in such protest. Also, the traders’ body alleged that these companies were circumventing the law and abusing Press Note No 2 of the government’s foreign direct investment (FDI) policy.
The conference has chalked out a roadmap for its nationwide agitation from November 13, which will be observed as ‘National Awareness Campaign Day’ when traders delegations across the country will submit an exhaustive memorandum to all MPs, urging them to raise the issue in Parliament, also said by Khandelwal.
Read EquityPandit’s Nifty Outlook for the Week
Signals, Powered By EquityPandit