CAIT to Host National Traders’ Convention from Jan 6

Confederation of All India Traders (CAIT) has announced that it will be hosting a three-day national traders’ convention from January 6-8 here.

Thousands of traders are expected from all states of the country to participate in three days convention. The aim of this convention will be to discuss role of trading community in achieving 5 trillion dollar economy goal of Prime Minister Narendra Modi and various issues of the trading community.

CAIT Secretary General Praveen Khandelwal while addressing a press conference on Friday informed, ''various critical issues of the trading community will be discussed during the convention includes onslaught of E Commerce Companies on retail trade by their malpractices & violation of FDI policy and to seek immediate steps by the Government to make them obligatory to comply with FDI policy or else leave the Country.''

Apart from these, the focus will also be on early introduction of a comprehensive e commerce policy, Reforms needed for E Commerce market of India, formation of a Regulatory Authority for E Commerce or E Commerce Ombudsman, linkage of 7 crore traders of the Country with e commerce under Digital India program of the Prime Minister Narendra Modi, ban on cash on delivery (COD) said Khandelwal.

''Payment system in e commerce will be elaborately discussed and future action plan will be chalked out. Similarly, problems arising out of implementation of GST, Simplification & Rationalisation of GST Tax structure, removal of disparities and anomalies in different GST tax rate slabs, blockage of refund with the Government and ways & means for aggregation of 2 crore traders under GST will be discussed at length,'' he added.

Khandelwal further said that Union Defence Minister Rajnath Singh will inaugurate the Convention on 6th January.

Ministers of the Government including Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal, Urban Development Minister Hardeep Puri, Health Minister Dr. Harshvardhan, Environment Minister Prakash Javedkar, Textile Minister Smriti Irani, Agriculture Minister Narendra Singh Tomar beside CEO of Niti Aayog Amitabh Kant and several other senior Ministers, bureaucrats, economy experts shall also be attending the Convention during different sessions to be held on all three days of the convention will also mark their presence.