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Over 2 lakh Kolhan traders welcome Centre s move to include them in MSME category | Ranchi News

Jamshedpur: The over two-lakh traders of the Kolhan division welcomed the announcement of the Union government to include wholesale and retail traders in the Micro Small and Medium Enterprises (MSME) category. Many traders associations have said the move of Prime Minister Narendra Modi s government would help the Covid-ravaged traders restore their business by availing necessary finances from banks and other financial institutions under the Priority Sector Lending (PSL) category, enjoyed by only MSMEs, so far. Suresh Sonthalia, the national secretary of the Confederation of All India Traders (CAIT), said, The announcement has come at an appropriate time. It would help eight crore wholesale and retail traders, including over two lakh traders of Kolhan who are hit by the Covid pandemic, revive their businesses by availing necessary finances from banks.

CAIT against extension of deadline for comments on draft e-commerce rules

Amid reports that demands have been made from certain quarters to extend the deadline for submission of comments and suggestions on the draft e-commerce rules, the Confederation of All India Traders (CAIT) has described such requests as delaying tactics and said that there is no need for any extension of deadline. In a statement, CAIT Secretary General Praveen Khandelwal said: It has been learnt from media reports that few companies have asked for extension of the date for giving suggestions beyond July 6 deadline, which is an unjustified demand. The rules are not a rocket science which needs any investigation for providing suggestions and then why the extension is needed?

CAIT against deadline extension for comments on e-commerce rules

CAIT against deadline extension for comments on e-commerce rules ​ By IANS | ​ 2 Views   Bhubaneswar, April 13 (IANS) The Odisha government on Monday said e-commerce and online platforms can resume operations in the second phase of the lockdown beginning April 15.. Image Source: IANS News New Delhi, July 4 : Amid reports that demands have been made from certain quarters to extend the deadline for submission of comments and suggestions on the draft e-commerce rules, the Confederation of All India Traders (CAIT) has described such requests as delaying tactics and said that there is no need for any extension of deadline. In a statement, CAIT Secretary General Praveen Khandelwal said: It has been learnt from media reports that few companies have asked for extension of the date for giving suggestions beyond July 6 deadline, which is an unjustified demand. The rules are not a rocket science which needs any investigation for providing suggestions and then why the extension i

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