CAIT Ups The Ante With Call For Nationwide Agitation Against Flipkart, Amazon

CAIT Ups The Ante With Call For Nationwide Agitation Against Flipkart, Amazon

SUMMARY

The traders’ body has announced a series of actions and protests this month to get the government’s attention

It had earlier written to the Prime Minister urging him to take action against ecommerce discounts

Farmers, hawkers, small industries and self entrepreneurs will be asked to join the movement

After taking ecommerce companies to mediatory meetings, courtrooms, and the government, the Confederation of All India Traders (CAIT) has now called for a nationwide agitation against Flipkart, Amazon and other ecommerce companies to continue its months-long protests.

The CAIT has alleged that both Flipkart and Amazon are flouting the government’s foreign direct investment (FDI) policy rules and destroying the country’s retail business through predatory pricing and deep discounting. Describing the new agitation as a “frontal war” the CAIT said that “merchants of the country will not let other East India Company emerge in the country.”

CAIT further said that it appears that ecommerce companies do not care about the warning given by the commerce minister from time to time and are disrespecting Indian law and policies and hence were continuing their business model on their portal which clearly violates the FDI policy. 

Earlier, CAIT wrote a letter to Prime Minister Narendra Modi asking for his intervention in the distortions and violation of FDI policy by ecommerce companies. It has also requested an appointment from the PM to further discuss these issues. However, until now it has failed to gain any official response from Modi.

CAIT’s November Of Protests Against Ecommerce

CAIT’s national president BC Bhartia and secretary-general Praveen Khandelwal said the traders’ body is all set to launch a national movement to continue the protests against ecommerce companies such as Flipkart and Amazon.

Here’s what the CAIT has planned in the months ahead:

  • It has also called for a meeting of its national governing council in New Delhi, on  November 10, which will be participated by trade leaders of all states
  • On November 13, CAIT delegations will submit a memorandum to all MPs of Lok Sabha and Rajya Sabha across the country 
  • On November 20, sit-in protests will be organised in about 200 cities in all the states of the country 
  • On November 25, traders march will be organised in 500 districts and a memorandum will be handed over to district collectors
  • On November 28, protest marches will be organised in over 1000 cities against the unethical business practices of these companies
  • On December 2, a traders rally will be held in state capitals where thousands of traders are expected to participate. A CAIT delegation will submit a memorandum to the chief ministers of all states 
  • A rally of business leaders and traders will be held in Delhi around December 10 
  • In January 2020, the CAIT plans to conduct a three-day National Traders Convention in Delhi with more than 10K attendees

CAIT says that besides traders, other retail trade stakeholders in transport, small industries, farmers, vendors, consumers and entrepreneurs will be asked to join the movement. Moreover, the leaders of national organisations of these retail industry stakeholders have also been invited for the CAIT council meeting on November 10.

Update | 22:23, November 5, 2019

The original version of this article was titled ‘CAIT Loses Its Calm In Call For Nationwide Agitation Against Flipkart, Amazon’.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

CAIT Ups The Ante With Call For Nationwide Agitation Against Flipkart, Amazon-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

CAIT Ups The Ante With Call For Nationwide Agitation Against Flipkart, Amazon-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

CAIT Ups The Ante With Call For Nationwide Agitation Against Flipkart, Amazon-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

CAIT Ups The Ante With Call For Nationwide Agitation Against Flipkart, Amazon-Inc42 Media
CAIT Ups The Ante With Call For Nationwide Agitation Against Flipkart, Amazon-Inc42 Media
You’re in Good company