CAIT declares protest against Flipkart and Amazon for violating FDI policy

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The Confederation of All India Traders (CAIT) has declared a series of protests against Amazon and Flipkart. The advocate organized the National Traders Conference in Delhi, where the trade leaders from 27 states gathered and took the decision. 

The Secretary-General of CAIT, Praveen Khandelwal, announced that the frontal war against the ecommerce giants will start on Wednesday and proceed till January 10, 2020. CAIT has accused the firms of dodging the law and violating Press Note No 2 of the government’s Foreign Direct Investment policy.  

The important dates of action

Praveen disclosed the origin of a roadmap by the conference for the nationwide unrest from November 13. 

  • The day will further be observed as the “National Awareness Campaign Day,” and the traders will call out the MPs to raise the issue in Parliament. 
  • Titled as the ‘National Protest Day,” a rally will be introduced on November 20 in more than 500 Indian cities, and around five lakh traders are anticipated to be a part of the protest.

How will the protest conclude?

The summing-up of the first period of the spreading protest will be commenced from January 6 to January 8 in the nation’s capital, which will be attended by the officials of around 20,000 trade associations. Furthermore, a meeting will be processed on January 9 by the National Governing Council of CAIT in cooperation with distinct stakeholders. The configurations of the second phase of agitation will then be decided.

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