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CAIT announces campaign against foreign-funded e-commerce firms 

CAIT also urged the government to implement the rules for e-commerce framed by the government equally to all e-commerce companies, whether domestic or foreign.

September 09, 2021 / 17:23 IST
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CAIT claims that foreign e-commerce companies will adversely affect the country's economy, retail market, e-commerce business, agriculture, and other areas due to which the consolidation of the "nationalist forces had become very important."

The Confederation of All India Traders (CAIT) on September 9 said that foreign-funded e-commerce companies were violating the e-commerce rules and adversely impacting offline traders of the country while announcing a national campaign to protest against these practices.

Named "Halla Bol", the campaign will start from September 15 and will see participation from 100 trade leaders from across the country.

During this campaign, the CAIT will send communication to all political parties of the country to clarify their stand on e-commerce. The traders of the country will wait for the response of all the parties and a timely decision will be taken about the role of the traders in the upcoming assembly elections and thereafter the Lok Sabha elections.

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CAIT claims that foreign e-commerce companies will adversely affect the country's economy, retail market, e-commerce business, agriculture, and other areas due to which the consolidation of the "nationalist forces had become very important."

The traders' association will also reach out to large corporates who are conducting their business activities through traders in the country like Tata, Godrej, Reliance, Hindustan Lever, Patanjali, Kishore Biyani Group, Aditya Birla Group among others to fight foreign-funded companies.

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