ENA Sectors 2021-01-04 08:38:58 <p><strong>New Delhi, Jan 4 (KNN)</strong> The Confederation of All India Traders (CAIT) has targeted to reduce imports from China to Rs 1 lakh crore this year.</p> <p>In a statement on Sunday the traders body said it would run a programme this year to liberate the countrys e-commerce business from the clutches of foreign companies.</p> <p>As part of its Boycott Chinese Goods campaign from June 10, 2020, the CAIT has set the target of bringing down imports from China by Rs 1 lakh crore by the end of this year, CAIT added.</p> <p>CAIT also said it would urge the government on the formation of e-commerce policy, National Retail Trade Policy, Traders Welfare Board at the Centre and all states, simplification of GST tax system and creation of a separate income tax slab for traders of the country.</p> <p>It would urge the government for formation of a joint committee of officials and traders in all the districts and also seek the simplification of Food Safety and Standards Act.</p> <p>CAITs priorities would also include supporting women entrepreneurs.</p> <p>It would also make efforts for making the pension scheme more rational for traders, subsidised insurance schemes for traders and their employees, availing easy access of loan for traders.</p> <p><iframe frameborder="0" height="500" id="mgiframe" src="//mg.mgid.com/mghtml/framehtml/c/k/n/knnindia.co.in.338951.html" width="100%"></iframe></p> 26228 https://knnindia.co.in/news/newsdetails/sectors/traders-body-pledge-to-reduce-chinese-imports-to-one-lac-crore 2021-01-04 08:38:58 knnindia.co.in