CAIT demands Union Minister to direct CCI

Central Chronicle News
Raipur, Jul 26: CAIT National Vice President Amar Parwani, chairman Magelal Maloo , Amar Gidwani State President Jitendra Doshi , States Working President Vikram Singh Deo, Parmanand Jain , Vashu Makhija, state General secretary Suriender singh , State Working General secretary Bharat Jain, State Treasure Ajay Agrawal and state Midia Prabhari Sanjay Choubey informed that Now that after receiving the submissions from stakeholders on draft e-commerce rules, the Ministry of Consumer Affairs after considering the said submissions should immediately notify the e-commerce rules so that the e-commerce business in India should be made clean from the mal-practices, irregularities, gross violation of laws and various other disparities and move forward for a homogeneous ecosystem that is beneficial for small traders and consumers of the Country-said the Confederation of All India Traders (CAIT) in a communication sent today to Union Commerce & Consumer Affairs Minister Mr. Piyush Goyal. Meanwhile, the CAIT has also urged Mr. Goyal to direct Competition Commission of India to initiate immediate investigation into the business model of both Amazon & Flipkart in the wake of a recent order of Karnataka High Court which has dismissed the petition of both Amazon & Flipkart demanding stay against CCI investigation.
In communication to Mr. Goyal, CAIT National Vice President Mr. Amar Parwani and State President Mr. Jitendra Doshi said that in the wake of the ensuing festival season commencing from Rakhi which continues till Diwali, there is an urgent need of notification of e-commerce rules in order to ensure that the e-commerce companies should not continue their ulterior motive business practices.
It is to be noted that during this festival period, the e-commerce business registers a high volume of business every year and constitutes almost 50% of the annual turnover of e-commerce business. Looking at the importance of such a festival period, the e-commerce business should be regulated in a way which could lead to non-discriminatory and transparent business system.
Mr. Parwani & Mr. Doshi said that rules in question are spelling out modalities and parameters of conducting e-commerce business in India and will destroy the long term strategy of few of the global e-tailers to control ecommerce and retail trade of India and will create an even level playing field and healthy competition. ‘ We have seen illogical and unnecessary opposition to the rules by some vested interest groups who are more interested in destroying the competition and having a clear intent to ride the e-commerce business as per their whims & will. However, the 8 crore traders of India are vigilant and will ensure that e-commerce business should not be hijacked by few people”, said Mr. Parwani & Mr. Doshi