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The domestic traders body CAIT in its letter welcomed the Delhi government’s decision to unlock the city but opposed the idea of odd-even formula, stating that it has never suited for the business character of Delhi.
The traders' associations in Delhi welcomed the decision to reopen markets on Monday but objected to the 'odd-even formula,' claiming that it does not suit the city's business character.
Read more about Flipkart restructured biz model to control over inventory, alleges CAIT on Business Standard. Traders' body CAIT on Thursday urged the government to investigate the "blatant" violation of FDI and taxation rules by e-commerce major Flipkart, alleging that the Walmart-owned firm had "creatively" restructured its business model to exercise
‘Check FDI policy violations in e-comm’ March 17, 2021 CAIT has alleged that e-comm firms are breaking norms - istock/William_Potter× “Enforcing the existing FDI policy that disallowed FDI in inventory-based model is of primary importance to protect the small merchants and kirana shops,” said traders body CAIT Representatives from retailers, traders, and small industry associations, gave their inputs on an appropriate Foreign Direct Investment (FDI) policy for e-commerce that would protect domestic interests in a virtual meeting with senior officials from the Department for Pro...
Traders body Confederation of All India Traders (CAIT) has criticised Washington-based industry lobby group US India Business Council (USIBC) for reportedly proposing that India should not tighten for