Traders Protest Against Walmart-Flipkart Deal

The Confederation of All India Traders (CAIT) called for an-all India bandh over the proposed Flipkart-Walmart deal.

In a statement, CAIT said 7 crore business establishments took part in the bandh, which remained peaceful. It claimed the bandh led to an estimated business loss of 15,000 crore. In a memorandum submitted to the Prime Minister, CAIT urged for his intervention in the issue. It said it would cause an adverse effect on competition, lead to an uneven playing field and the adoption predatory pricing, deep discounting and loss funding, which would wipe out small businesses and small domestic manufacturing.

Meanwhile, Delhi traders protested at Jantar Mantar against the ongoing sealing drive in the city, and demanded that the government bring out an ordinance to protect traders.

While the union termed the bandh a success, it was business-as-usual at Chandni Chowk with many traders opting out of the bandh. “Every week a bandh is announced. We cannot afford to take part in all of them,” said Daljeet Singh, a dry fruit trader at Chandni Chowk.

Aam Aadmi Party Trade Wing convenor, Brijesh Goyal claimed that all markets were open. He said, “Only few retail shops at Amar Colony, that too owing to the issue of sealing, were shut.”― The Hindu

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