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90-day protest in India against Walmart-Flipkart deal

08
Sep '18
The Confederation of All India Traders (CAIT) will launch a 90-day nationwide agitation in New Delhi on September 15 against the Walmart-Flipkart deal and foreign direct investment (FDI) in retail. It has also called for a trade shutdown across India on September 28. It had filed a petition against the Competition Commission of India's decision to approve the deal.

CAIT’s agitation will be intensified, a news agency reported citing an association press release.

According to CAIT secretary general Praveen Khandelwal, when there is no policy for e-commerce, it would be a cakewalk for Walmart to circumvent the FDI policy Press Note No 3 of 2016. (DS)

Fibre2Fashion News Desk – India


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