Bharat Trade Bandh on Sep 28 against Walmart-Flipkart deal

Bharat Trade Bandh on Sep 28 against Walmart-Flipkart deal

Agency News

New Delhi, Sep 6: Intensifying its opposition to Walmart-Flipkart deal and FDI in retail, the Confederation of All India Traders (CAIT) is all set to take to the streets with holding a "Bharat Trade Bandh" on September 28.

All shops and small businesses across the country will remain closed on the day of the Bandh and no commercial activity will take place. About 7 crores small traders are expected to participate in the Bandh.

Alongside, the CAIT is launching a 90-day Digital Rath Yatra on September 15 from Delhi and will culminate into a mammoth rally on December 16. The CAIT will release a Traders Charter having various issues including no to FDI in Retail.

Addressing a press conference on Thursday, CAIT national president BC Bhartia and Secretary General Praveen Khandelwal said Walmart-Flipkart combination will deeply destroy the retail trade of India as Walmart will be using e-commerce platform to flood the retail market with goods sourced from all over the globe.

Not only the traders but even the domestic manufacturing sector will be adversely affected to a great extent. As per media reports after Walmart now it is Amazon and Alibaba looking for same kind of deal which will be quite alarming as the retail trade will be squeezed in few hands which will lead to monopoly and crony capitalism.

Under the circumstances, the CAIT has given a call of "Bharat Trade Bandh" on September 28 to register the strong protest of domestic trade and demanding immediate interference of the Government to reject the deal as it has violated Press Note 3 of 2016 of the Government. There is spontaneous response from all states towards the Bandh.

The All India Federation of FMCG Distributors Associations has also declared to close its member establishments all over the country. Several other All India Organisations are also deciding to participate in the Bandh.

Both Mr Bhartia and Mr Khandelwal said while intensifying its protests, the CAIT is launching a door to door campaign and will launch "Digital Rath Yatra" on September 15 from Chandni Chowk. The Yatra will cover about 22,000 km area covering 28 states and about 120 prominent cities while about 500 small cities will be covered en route.

The yatra will connect with about one crore people and after covering the country will culminate into a mammoth rally on December 16 at historical Ramlila Ground at Delhi. CAIT National Senior Vice President Brij Mohan Agrawal will be Convenor and National Secretary Sanjay Patwari will be Co-Convenor of the Yatra.

Besides FDI in Retail & deal, the Yatra will highlight various other core issues of the traders like need for simplification of GST, robust & transparent e commerce policy, adoption and acceptance of digital payments, easy access to finance to small businesses through MUDRA yojna and other means, need of National Policy for Retail Trade, early introduction of Consumer Protection Act etc. Local issues like sealing in Delhi and ban on plastics in Maharashtra and other states will also be raised while the yatra will travel in respective states. (UNI)