Trader unions steps up fight against Walmart-Flipkart for trying to create monopoly

Calling for immediate scrapping of Walmart-Flipkart deal, the newly elected governing council of Confederation of All India Traders (CAIT) Jammu called for 'Bharat trade bandh' on September 28.

Trader unions steps up fight against Walmart-Flipkart for trying to create monopoly
The onslaught of deep pocket retail giants like Walmart is a real threat to the existence of small and medium traders. (Image Credit: Reuters)
  • Country:
  • India

Calling for immediate scrapping of Walmart-Flipkart deal, the newly elected governing council of Confederation of All India Traders (CAIT) Jammu called for 'Bharat trade bandh' on September 28.

"We call for the immediate scrapping of Walmart-Flipkart deal. To send a strong note of dissent against such policies of the government, we have decided to observe Bharat trade bandh on 28th of September, if this deal is not scrapped," Vice President CAIT and President of Chamber of Traders Federation Jammu Neeraj Anand told reporters here today.

The onslaught of deep pocket retail giants like Walmart is a real threat to the existence of small and medium traders, these big capitalist backed entities exploit loopholes in laws and play havoc with the local economy to benefit their masters sitting in foreign lands, Anand added.

Sharing details of the program chalked out to oppose such deals, he said, "CAIT immediately after electing its New Governing body has decided to launch All India Rath Yatra on 15th of September".

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.