ENA Sectors 2018-12-17 10:18:11 <p><strong>New Delhi, Dec 17 (KNN)</strong> Raising a strong demand for bringing a Bill in current session of the Parliament to stop sealing in Delhi and not to allow FDI in Retail Trade, the traders of Delhi and upcountry will hold a Grand Rally at Jantar Mantar on 19th December under the aegis of the Confederation of All India Traders (CAIT).</p> <p>CAIT National Secretary General Praveen Khandelwal and Delhi State General Secretary Dev Raj Baweja said that sealing has distorted and disrupted the trade of Delhi to a great extent.</p> <p>Even after amendments in Master Plan by the Central Government, the rough and adamant attitude of the Monitoring Committee is proving to be great hindrance in de-sealing of the shops already covered under the amendments of Master Plan.</p> <p>Lakhs of people are suffering for their livelihood.</p> <p>The matter is pending before the Supreme Court since a long time and no decision has been made so far.</p> <p>Under the circumstances the eyes of traders are now focused on Central Government.</p> <p>They said that either the Government should bring a Bill in the current session of the Parliament to stop sealing or bring an ordinance just after the conclusion of session of the Parliament.</p> <p>The shops which have been sealed should be de-sealed immediately.</p> <p>Khandelwal further said that FDI in Retail trade is one of the most crucial and important issue for the traders across the Country.</p> <p>The entry of MNCs and FDI in Retail Trade has damaged the domestic trade to a great extent.</p> <p>These Companies are adopting all kinds of unhealthy business practices including predatory pricing, deep discounting and loss funding to invade the retail trade of India.</p> <p>Not only the offline remade but even these companies are making e commerce trade also as a tool to capture the retail trade.</p> <p>There are about 7 crore small businesses in the Country generating an annual turnover of about Rs. 42 lakh crore but in absence of any policy mechanism, the e commerce companies and MNCs are playing their own game.</p> <p>The Rally will highlight these two issues in a bigger way and will demand the Central Government to act immediately to protect the small businesses from various onslaughts from different corners. </p> 21569 https://knnindia.co.in/news/newsdetails/sectors/traders-grand-rally-against-sealing-and-fdi-in-retail-on-19th-january 2018-12-17 10:18:11 knnindia.co.in