*Walmart threat to small traders: Anand
JAMMU, Aug 22: Calling for immediate scrapping of Walmart-Flipkart deal, the newly elected Governing Council of Confederation of All Indian Traders (CAIT) has called for “Bharat Trade Band” on Sept 28, 2018.
Addressing a press conference here today Neeraj Anand, vice president of CAIT and president of Chamber of Traders Federation Jammu said that the onslaught of deep pocket retail giants like Walmart is a real threat to the existence of small and medium traders. He said these big capitalists backed entities exploit loopholes in law and play havoc with Indian economy to benefit their masters sitting in foreign countries.
While sharing details of the program chalked out to oppose such deals and to safeguard the interests of the small and medium traders, Neeraj said, “ CAIT immediately after electing its new Governing body has decided to launch All India Rath Yatra on Sept 15 from Delhi to spread awareness about the ill effects of such deals on National economy especially on the MSME sector. The Rath Yatra would also cover Jammu and culminate back in Delhi on December 15, 2018. A grand rally will be held at Delhi on December 16, 2018 in this connection which will be attended by the traders from all over the country,” Anand said.
“To send a strong note of dissent against such policies of the Government, we have decided to observe `Bharat Trade Bandh’ on 28 Sept 2018, if this deal is not scrapped,” Anand added.
Talking about socio-economic conditions of Jammu, Neeraj said, “our fight is much bigger as we are working in a conflict-zone where anti-national forces are hell bent to ruin the economy and skilled labour of our State. We have observed deliberate attempts made to make traders migrate from here,” he maintained.
“I have shared these concerns with RSS dignitaries at Nagpur Headquarters immediately after assuming the new responsibility of National vice president CAIT. I have also handed over a memorandum to them sharing concerns of trading community of Jammu.”, Neeraj said.