Home / Knowledge / News / Apparel/Garments / No action by Indian ministry on plaints on e-comm: CAIT
No action by Indian ministry on plaints on e-comm: CAIT
Apr '18
The Confederation of All India Traders (CAIT) is apprehensive over no action by the commerce ministry on e-commerce issues and the resulting detrimental impact on retail trade. Accusing e-commerce platforms of violating the Foreign Direct Investment (FDI) Policy 2016 through deep discounts and loss funding, CAIT criticised commerce minister Suresh Prabhu’s silence.

"It appears that instead of promoting Indian retail trade, the government is more interested in helping and encouraging MNCs to control and dominate the retail trade through e-commerce and FDI, which is highly deplorable," a news agency report quoted CAIT as saying.

CAIT claimed that a large number of e-commerce companies engage in predatory pricing and continuously offer deep discounts by funding the losses in contravention of the FDI policy.

Instead of taking action on complaints against e-commerce companies, the government went a step ahead and allowed cent per cent FDI in single brand retail and has made all arrangements to wreck the backbone of the retail trade in the country, CAIT secretary general Praveen Khandelwal said in a statement.

Even after specific assurance given to a CAIT delegation by Prabhu, no step has been taken to draft a national trade policy for retail trade, CAIT said.

Despite Prime Minister Narendra Modi advocating policies for small businesses, domestic trade seems to be not on the government’s priority list, the traders' body added. (DS)

Fibre2Fashion News Desk – India

Must ReadView All

Pic: Shutterstock

Textiles | On 8th Mar 2021

Vietnam-UK FTA triggers two-way trade

After a month of Vietnam signing a free trade agreement (FTA) with...

Pic: Shutterstock

Retail | On 8th Mar 2021

2021 may see record retail sales in US, economy hinges on virus: NRF

A wide array of economic indicators point toward potentially record...

Pic: Lund University

Textiles | On 8th Mar 2021

Swedish scientists convert cotton into sugar, to make textiles

In a major step towards recycling, scientists at Sweden’s Lund...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry craft and utility

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchains will be in heavy use by early adopters by 2025

Textile Industry, Head honchos

Textile Industry
Head honchos

Opportunity now to reimagine processes & systems in a digital environment

Abhishek Ralli,

Abhishek Ralli

Founded in 1962 in Agra, Guide Footwear manufactures men’s footwear for...

Rajesh Vig & Ritu Vig,

Rajesh Vig & Ritu Vig

Rajesh Vig and Ritu Vig, promoters of the kidswear brand Happy Feet,...

Sandra Sequeira,

Sandra Sequeira

The JD Institute of Fashion Technology is the educational division of JD...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Frank Heislitz, Freudenberg

Frank Heislitz

Freudenberg Performance Materials is a leading global manufacturer of...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha & Jigar blends India's unique handcrafts...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

March 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search