Make this your homepage
Business News
Home > Business News
CAIT to protest on Wednesday against Bezos visit
TIWN
CAIT to protest on Wednesday against Bezos visit
PHOTO : TIWN

New Delhi, Jan 16 (TIWN) Amid the much-hyped visit of Amazon CEO Jeff Bezos to India, traders across 300 cities in the country would stage protests against his arrival under the aegis of the Confederation of All India Traders (CAIT) on Wednesday.

In a media briefing here on Tuesday, Praveen Khandelwal, the Secretary General of CAIT, reiterated that around seven crore traders and their families have been "extremely adversely affected due to the predatory and malafide business practices of Amazon and Flipkart".

Khandelwal also claimed that Amazon and Flipkart have caused huge GST and Income Tax revenue loss to the government and CAIT will soon meet Finance Minister Nirmala Sitharaman and urged her to institute a investigation into avoidance of GST and Income Tax liability on both Amazon and Flipkart.

"The visit of Jeff Bezos, Amazon Founder tomorrow to India will be greeted with strong protest from traders across Country in about 300 cities. The protest at New Delhi will be held at Jantar Mantar," the CAIT statement said.

The organisation has been protesting for long against what its calls the ''deep'' discounting practices of e-commerce majors, among other issues.

On Monday, fair market watchdog, the Competition Commission of India (CCI) ordered an enquiry into the operations of both Amazon and Flipkart on multiple counts, including deep discounts and exclusive tie-up with preferred sellers.

Add your Comment
Comments (0)

Special Articles

Saumen Sarkar Saumen Sarkar
Anirban Mitra Anirban Mitra