To mark the occasion of 151st birth anniversary of Mahatma Gandhi on Friday, the Confederation of All India Traders (CAIT) launched a nation-wide campaign in the name of ‘Vyapar Swarajya’ - making attempt to end to the domestic trade dependency of the country on China and other multi-national companies (MNCs). The campaign also aims at liberating the domestic trade and e-commerce business from the vicious clutches of foreign direct investment (FDI) funded e-commerce and other foreign companies. The campaign will run from October 2 to December 31. It will focus on implementing PM Modi’s evocations on ‘vocal on local’ and ‘Atmanirbhar Bharat’, across all the cities, villages and towns of all the states in the country.
More than 40 thousand trade associations will participate in the campaign to make it more strong and successful. The CAIT has also released a ‘Vyapar Swarajya’ charter for the campaign.
CAIT National President B C Bhartia and Secretary General Praveen Khandelwal said that now it is a direct battle of 7 crore traders of India with the Walmart, Amazon and other MNCs who are trying to monopolize the retail trade and e commerce business of India. The CAIT will do all attempts to ensure due compliance of FDI policy in letter and spirit by these companies.
“The domestic trade of India belongs to Indian traders and it is not the play ground of MNCs and therefore, the traders have a constitutional right to do business on Indian soil without any interruption. Either these companies have to obey the law else they will have to leave India. The tolerance of traders should not be considered as their weakness,” CAIT added.
Bhartia and Khandelwal said that the traders of the country have great hopes from the Prime Minister Narendra Modi and Commerce Minister Piyush Goyal as the Union Government has taken many steps to protect the interests of the traders in the past years. CAIT will ensure attempts to increase the current registered 1.5 crores (approx) business establishments to 2.5 crores in the coming year if the Central and State Government draws concrete roadmap to strengthen the domestic trade of the country. Bhartia and Khandelwal while releasing a ‘Vyapar Swarajya’ Charter said that the Government should immediately issue an e-commerce policy for e-commerce business with the formation of a regulatory authority to monitor e-commerce business. A National Trade Policy should be announced, the National Traders Welfare Board should be announced, the GST Act should be reviewed and should be simplified, revoking all types of licenses with one single license., Loans by Banks on easy terms, The commercial markets of the country should be rejuvenated, all laws governing domestic trade should be reviewed and redundant laws should be revoked, the Mudra scheme should be reviewed and non-banking finance companies and micro finance companies should be roped in to give finances to the traders incentive schemes to promote digital payment, a policy to computerize traders across the country, to protect Delhi traders from sealing, an Amnesty Scheme with a cut off date should be declared , policy to encourage women entrepreneurs, uniform rent laws across Country including Delhi and a special skill development scheme for traders should be made.