New Delhi, Sept 6 (KNN) To oppose Walmart-Flipkart deal and Foreign Direct Investment in retail (FDI), the Confederation of All India Traders (CAIT) has called for “Bahart Trade Bandh” on September 28.

Further to intensify the opposition towards these issues it is also launching a 90-days nationwide agitation from 15th September, 2018 beginning from Delhi.

The markets across the country will remain closed on 28 September while  observing Bharat Trade Bandh and traders will take out protest march in their respective cities across the Country," CAIT said.

Unhappy with the deal, CAIT Secretary General, Praveen Khandelwal said the deal has “violated Press Note No 3 of 2016 of Government and is a combination with a sinister design to control and dominate the retail trade through the passage of e-commerce".

He further claimed that it will create an uneven level playing field and will wipe out the competition due to their business module which entails predatory pricing, deep discounting and loss funding.

Earlier also, large number of traders across the country had staged protest against this deal under the umbrella of the Confederation of All India Traders (CAIT) demanding the government to scrap the deal as it is against the interests of retail trade and economy of India.