Photo: Indus Scrolls
Traders Association Request Year-Long Transition Phase To Abide With Ban On Single-Use Plastics
Confederation of All India Traders (CAIT) on July 3 requested Union Environment Minister Bhupender Yadav a one-year grace period to abide by the ban on single-use plastics that went into force on July 1. It offered suggestions in order to safeguard those working in the industry. An abrupt prohibition might hamper multiple economic operations in several sectors, according to the leaders, and a phased implementation method is required.
Tags: Traders, Single use plastic, Banned, Union Environment Minister, CAIT
Courtesy: India Today
Photo: Jonny Shannon
Ban On Online Gaming Can Hurt Startups: CAIT To Karnataka Govt
Confederation of Indian Traders (CAIT) requested Karnataka CM Basavaraj Bommai to relook at the proposed bill to ban online gaming because it'll be a major blow for Indian startups, the gaming industry, and the animation industry. CAIT's General Secretary, Praveen Khandelwal also warned against gamers who "turn to harmful offshore and betting apps''. Reportedly, the ban will affect 623 gaming startups in India such as Dream 11, Nazara, MPL,… read-more
Tags: Karnataka, Online Games, Banned, CAIT
Courtesy: Jhalak.com
Photo: Odisha TV
CAIT Vows Centre To Restore MSME Tag For 8 Cr Traders
Following the withdrawal of MSME status from nearly eight crore wholesale traders and retailers, the Confederation of All India Traders (CAIT) has urged the Centre to restore the tag. Reportedly, Rs 3 lakh crore disbursed by banking institutions under Priority Sector Lending (PSL) scheme will stand out to lose the tag. Moreover, banks might fail to meet the PSL target, which requires them to lend at 40% of total loans.
Tags: CAIT, India, MSME, Banking Institutions, Priority Sector Lending
Courtesy: The Financial Express
Photo: Zee News
CAIT Launches App For Upcoming E-Commerce Portal 'Bharat e Market'
Confederation of All India Traders on March 11 launched an app for its upcoming e-commerce portal 'Bharat e Market.' Aimed at creating ‘e-dukaan’ for goods and service providers, the ‘purely Indian’ portal vows to abide by all norms. While accusing foreign e-commerce companies of violating FDI norms, the CAIT portal has prohibited the sale of Chinese goods. Moreover, the portal abstains from charging any commission that other portals charge… read-more
Tags: CAIT, E-commerce, shopping, Traders Body, India
Courtesy: The Economic Times
Photo: Outlook India
40,000 Trade Associations Join CAIT's Bharat Bandh Slated For Feb 26
Eight crore Indian traders belonging to nearly 40,000 traders associations have extended their support to the Confederation of All India Traders (CAIT) led Bharat Bandh scheduled for February 26. Additionally, the All India Transport Welfare Association (AITWA) has also avowed a Chakka Jam. While accusing e-commerce giants of violating norms, both the trade organizations are jostling for alterations or complete dismissal of the GST-propelled… read-more
Tags: Bharat Bandh, CAIT, AITWA, Chakkajaam, GST, E-way bill, Diesel
Courtesy: Money Control
Photo: NMTV
CAIT Announces Bandh On Feb 26; Demands Review Of GST Provisions
The Confederation of All India Traders (CAIT) will be observing a 'Bharat Bandh' on February 26. Reportedly, commercial markets across India will remain shut, and around 40,000 trade unions will be supporting the bandh. The move demands the Centre to review provisions of the Goods and Services Tax (GST). CAIT Secretary-General Praveen Khandelwal stated that technical glitches and compliance burdens had caused major problems in the particular… read-more
Tags: CAIT, Bharat Bandh, GST, GST Compliance
Courtesy: Hindustan Times
Photo: The Financial Express
Traders Body CAIT Calls Bharat Bandh On Feb 26 Over GST Complexities
Traders’ body, Confederation of All India Traders (CAIT) has called for a Bharat Bandh on February 26 against the complexities of the GST. The CAIT said that despite of writing numerous times to the GST council, their apprehensions were unheard. Moreover, it also blamed the council for focusing more on the revenue part and ignoring the ease-of-filing. Extending its support, the All India Transport Welfare Association will also hold a 'Chakka… read-more
Tags: CAIT, AITWA, GST, GST Council, Bharat Bandh, Chakkajaam
Courtesy: Times Now News
Photo: Free Press Journal
CAIT Claims Farmers' Protests Caused Rs 50,000 Cr Loss To Business
Confederation of All India Traders announced that the farmers' protest in Delhi-NCR had attracted a business loss of Rs 50,000 crore. Promoting Centre’s recent proposal to defer the laws for 1.5 years, the CAIT Secretary-General Praveen Khandelwal said farmers avoiding the proposal would be understood as backed by divisive forces. Asking traders to be served in the Supreme Court-proposed committee, Khandelwal stated no traders' representation… read-more
Tags: CAIT, Farmers Protest, Centre, Farm Laws
Courtesy: The New Indian Express
