Thursday, January 21, 2021
News

CAIT urges PM Modi to roll out e-commerce policy

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | Sunday, 2020 10:45:06 PM IST
Malpractices of e-commerce firms are a major hinderance for traders to adopt online business, the Confederation of All India Traders (CAIT) has told Prime Minister Narendra Modi.

The CAIT, in a communication sent to Prime Minister Modi, said that the traders across the country are more than willing to adopt e-commerce as another business avenue under the "Digital India" programme, however, repeated violation of FDI policy and other rules by e-commerce companies are proving to be a major roadblock in this direction.

It urged the Prime Minister that an e-commerce policy should be announced immediately with an explicit provision of an empowered regulatory authority to monitor the sector's business in India.

Furthermore, CAIT said that anomalies and disparities of "Press Note No. 2 of FDI policy" should be removed and a fresh "Press Note" should be issued containing "explicit and speaking policy of the government".

According to CAIT, the "Vocal for Local" and "Aatmanirbhar Bharat" call of the Prime Minister can be a game changer for the domestic trade of the country which has immense capabilities and capacities to produce high quality goods.

"However, the campaign needs to be taken on streets and for this purpose, CAIT has suggested that Prime Minister Modi to constitute a Joint Committee of Government officials with representatives of trade, consumers, civil society and small manufacturers at national level, state level and district level of every state across the country to take the campaign down the line and encourage more and more people to associate with this innovative campaign which will dignify India as a most self dependent nation around the world."

--IANS rv/sn/vd

( 282 Words)

2020-11-29-16:50:03 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Mumbai Metro's first 'Driverless' train ...
Tax saving infra bonds may make comeback...
Sensex closing in on 50K-mark, ends on a...
Schneider Electric President told to get...
Delhi-Meerut RRTS: NCRTC awards Rs 910 c...
WhatsApp investment tips' land two in tr...
More...
 
INDIA WORLD ASIA
Protests by farmers mar public hearing f...
Man held in Bhopal under new religious c...
Nitish Kumar's cabinet expansion expecte...
Why did Naidu block Bharat Ratna to NTR,...
TDP workers removed Nandi idol from temp...
Prominent J&K religious leaders call for...
More...    
 
 Top Stories
Nearly 80% believe India's actions ... 
WhatsApp investment tips' land two ... 
Kamala Devi Harris sworn in as Vice... 
IPL's top wicket-taker Malinga quit... 
Two-third Indians acknowledge Dalai... 
Biden starts off inauguration day w... 
Govt makes big offer to bring farme... 
62% Indians support idea of conferr...