The merchant organization CAIT on Thursday called on the government to impose a ban on Amazon’s e-commerce portal and its operations in India, accusing the global e-commerce giant of engaging in predatory pricing, steep discounts and inventory control.
During a press conference, CAIT General Secretary Praveen Khandelwal demanded an “immediate ban on Amazon’s portal and its operations in India” and an investigation against the company within a limited time frame.
He also urged the government to probe the business practices of Amazon and Flipkart.
The traders’ organization also wrote to Minister of Commerce and Industry Piyush Goyal on Thursday about the matter.
“Our association has called on your good office to take appropriate action and investigate and sanction multinational companies like Amazon and Flipkart (Walmart) for the blatant violation and / or exploitation of policy loopholes regarding FDI and foreign exchange management law / rules. ”CAIT said in the letter to Goyal.
Emails sent to Amazon and Flipkart asking for comment on the story did not elicit a response.
The traders’ body further stated that at its national convention held in Nagpur on February 8-10 and at which more than 150 trade leaders were present, “the government’s inaction on this issue was taken very seriously and members decided to go all over the country – stir up if urgent action is not taken by the government “.
The Confederation of All Indian Traders (CAIT) has also asked the government to issue a new press briefing in place of FDI policy press brief # 2. He also urged the government to finalize the long-awaited e-commerce policy.
“We hope that the DPIIT (Department for the Promotion of Industry and Internal Trade) will release the amendments to Press Note 2 of 2018 and close the loopholes exploited by these multinationals,” he said in the letter. in Goyal.
This story was posted from an agency feed with no text editing. Only the title has been changed.
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]