Traders body CAIT on Sunday said it would launch a nation-wide agitation against issues related to the goods and services tax and alleged malpractices of foreign e-commerce firms. The day-long Bharat Vyapar Bandh , called by the Confederation of All India Traders (CAIT) on February 26, had evoked a lukewarm response. The campaign will begin from March 5 and continue till April 5 against the GST amendments and malpractices of foreign e-commerce companies, CAIT said. The trader s body said both these issues are directly related to the eight crore traders of the country and till the logical resolution of these two issues is achieved, the movement will continue throughout the country.
Bharat Bandh impact: Markets remain open, nationwide shutdown evokes mixed response
The day-long Bharat Vyapar Bandh called by the Confederation of All India Traders (CAIT) evoked a lukewarm response on Friday. All markets remained open in east Delhi. (Image: IANS)
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Updated: Feb 27, 2021, 09:28 AM IST
The day-long Bharat Vyapar Bandh called by the Confederation of All India Traders (CAIT) evoked a lukewarm response on Friday with most shops and commercial establishments open.
However, CAIT in a statement said the shutdown was a grand success as more than 8 crore small businesses belonging to about 40,000 trade associations across the country kept their shutters down and no trading activity took place in any commercial market.
Bharat Bandh today: Commercial markets to stay shut as traders protest against GST, rising fuel prices
Over 8 crore traders from across the country will join the Bharat Bandh on February 26, while around 40,000 traders will also observe a strike. File photo
Updated: Feb 26, 2021, 06:12 AM IST
The Confederation of All India Traders (CAIT) has called for a Bharat Bandh on Friday (February 26). Traders across the country are demanding a review of the provisions of the goods and services tax (GST) regime. It also wants the government to rectify glitches in e-commerce for preventing the violation of law by foreign e-commerce companies. Because of this, all commercial markets in the country will be shut on February 26.
Delhi Shops Stay Open During Trade Bandh Fearing Losses
Although various market bodies said they support the cause for which the bandh was called, they however, could not shut down their shops or outlets due to multiple reasons. Outlook Web Bureau 2021-02-26T16:39:18+05:30 Delhi Shops Stay Open During Trade Bandh Fearing Losses outlookindia.com 2021-02-26T20:54:25+05:30
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Various markets in New Delhi remained open on Friday even as trade unions called for a 12-hour Bharat bandh. business and shop owners said that despite supporting the cause behind the strike, they did not want to suffer another day of losses.
Traders Bodies Split Over Joining Today s Bharat Bandh
While CAIT claimed that more than 8 crore traders will join the Bharat Bandh, other traders bodies said they have not extended support to the Bandh. PTI Outlook Web Bureau 2021-02-26T09:30:30+05:30 Traders Bodies Split Over Joining Today s Bharat Bandh outlookindia.com 2021-02-26T09:34:12+05:30
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The Confederation of All India Traders (CAIT) had announced a bharat bandh on February 26, however, a mixed response is expected to the Bharat Vyapar Bandh on Friday with traders bodies split over joining the nationwide shutdown call to protest against the issues related to GST and e-commerce.