HomeNewsBusinessEconomyTraders hold rally to protest sealing, FDI in retail

Traders hold rally to protest sealing, FDI in retail

The Confederation of All India Traders (CAIT) also urged the government not to allow foreign direct investment (FDI) in the country's retail sector.

December 19, 2018 / 20:09 IST
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Traders' body CAIT on Wednesday held a rally over its demand that the government should bring a bill in the current session of Parliament to stop sealing here.

The Confederation of All India Traders (CAIT) also urged the government not to allow foreign direct investment (FDI) in the country's retail sector.

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In a statement, the CAIT demanded that the government should announce a policy on e-commerce.

The Union Cabinet earlier this year permitted 100 per cent FDI in single-brand retail under automatic route, while also easing local sourcing norms.