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Traders’ collision against e-commerce companies

Tuesday - November 5, 2019 2:59 pm , Category : WTN SPECIAL
7 crore merchants to counter against online shopping companies
7 crore merchants to counter against online shopping companies

Serious allegations against e-commerce companies, angry traders to launch a big movement

NOV 05 (WTN) - You must have been shopping online from e-commerce companies like Flipkart and Amazon. As a consumer, you must have had a good shopping experience in these e-commerce companies, because in online shopping you get a variety of goods of your choice and the same goods are available at a lower price compared to the market. Buying from e-commerce companies is a profitable deal for a consumer, but merchants in the country are facing huge losses due to e-commerce companies like Flipkart and Amazon, and for this reason now against these online shopping companies, traders are going to make a big movement all over the country.
For your information, let us know that the big trade organization CAIT (Confederation of All India Traders) has announced a big movement against the big e-commerce companies like Amazon and Flipkart. CAIT alleges that India's retail business is on the verge of ruin due to e-commerce companies. Traders say that due to the wrong business strategy of e-commerce companies, retail traders are not able to survive in the competition and their subscriptions are halved. In such a situation, CAIT is making a strategy against e-commerce companies keeping in mind the problems of traders.
In fact, CAIT alleges that e-commerce companies like Amazon and Flipkart are selling their goods on their portals at a price lower than before and violating the rules. Not only this, these companies are giving huge discounts on their products in online marketing, due to which the sale of items in bulk is benefiting the e-commerce companies, but due to this, the customers at the shops have reduced their purchases, due to which retail traders are suffering a lot of losses.
Not only this, merchants allege that e-commerce companies control sales on their portals, while e-commerce companies are holding back from promising to place more orders on their portals to sellers of their choice. Not only this, merchants allege that online shopping has affected the prices of the market, due to which traders doing retail business are facing a lot of trouble.
For all these reasons, CAIT is going to launch a big movement against e-commerce companies, which will add Swadeshi Jagran Manch including traders, transporters, small industrialists, farmers, hawkers, customers, and entrepreneurs. Regarding its movement, CAIT says that the disregard of rules being followed by e-commerce companies has affected the business of about 7 crore merchants in the country.
According to CAIT, there are about 7 crore traders in the country, which employs about 30 crore people and the retail business of the country is worth about 42 lakh crores every year. But multinational companies are gradually planning to take over the Indian retail market. If this happens, not only will the business of lakhs of merchants be destroyed, but the business of traders will be destroyed and crores will become unemployed.
However, before its movement, CAIT has already complained against Union Commerce Minister Piyush Goyal against e-commerce companies. For your information, let us know that after the complaint of CAIT, the Union Ministry of Commerce has summoned the response from Flipkart and Amazon on the complaint against the violation of the rules. At the same time, CAIT has also filed a petition in the Jodhpur bench of Rajasthan High Court on this issue.
According to CAIT, e-commerce companies openly violate policies implemented by the government. Not only this, these companies are arbitrary and do not even care about rules to capture India's e-commerce market. CAIT demands that the government should no longer delay in introducing e-commerce policy.
Also, CAIT demands that a special investigation team should be set up to investigate any policies that e-commerce companies have violated in the last two years and strict action should be taken against the guilty companies. At the same time, the CAIT is requesting that a Regulatory Authority should be set up to implement the e-commerce policy properly. Not only this, the restrictions which are applicable in FDI should also be imposed on domestic e-commerce companies so that there is uniformity in the market and there is no discrimination with anyone.
On November 13, as part of nationwide protests against e-commerce companies, the traders of the CAIT delegation will submit a memorandum to all MPs of Lok Sabha and Rajya Sabha across the country. On 20 November, ‘Dharna’ will be organized in about 200 cities in all the states of the country. On 25 November, merchant marches will be taken out in more than 500 districts of the country and will hand over the memorandum to the Collector to the Prime Minister.
On 2 December, the merchant rally will be organized in all the state capitals, which is being said that a large number of traders will be involved. On the same day, the CAIT delegation will submit a memorandum to the Chief Ministers of all states. Now it has to be seen how seriously the Central Government takes the movement being carried out by the traders against the e-commerce companies and what decisions are taken in the interest of 7 crore traders?