Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
CO-PRESENTED BY
LIVE TV DownloadNews18 App
News18 English
»
1-min read

Traders Call Bharat Bandh Tomorrow Against Walmart’s Acquisition of Flipkart, FDI in Retail

The traders' body also claimed that a 'Trade Bandh' will be observed by Delhi traders in which all wholesale and retail markets will remain closed as part of their participation in the 'Bharat Trade Bandh'.

PTI

Updated:September 27, 2018, 8:46 PM IST
facebookTwittergoogleskypewhatsapp
Traders Call Bharat Bandh Tomorrow Against Walmart’s Acquisition of Flipkart, FDI in Retail
The logos of Walmart and Flipkart. (New18 creatives)
Loading...
New Delhi: Traders' body CAIT has called a 'Bharat Bandh' to protest against Walmart's acquisition of home-grown retail major Flipkart and FDI in the retail sector on Friday.

"All commercial markets across the country will remain closed and no commercial activity will take place. About 7 crore small businesses all over the country are expected to participate in the bandh," the Confederation of All India Traders (CAIT) said in a statement.

The traders' body also claimed that a 'Trade Bandh' will be observed by Delhi traders in which all wholesale and retail markets will remain closed as part of their participation in the 'Bharat Trade Bandh'.

CAIT Secretary General Praveen Khandelwal told PTI that a protest Dharna will be held at Jantar Mantar against the Walmart-Flipkart deal and FDI in retail.

In January, the Union Cabinet decided to allow 100 per cent foreign direct investment (FDI) in single brand retail under automatic route, and also eased local sourcing norms.

Delhi traders are also demanding immediate promulgation of an ordinance to stop sealing of shops in the city, it said.

"Besides FDI, the Delhi Trade Bandh is also focussing on sealing issue demanding the government to bring an ordinance to protect Delhi from sealing. To lodge their strong protest, the Delhi traders in large numbers will also join a Protest Dharna at Jantar Mantar tomorrow displaying their anguish and resentment," CAIT said in a statement.

It further said that similar protests will also be held across the country in all states and the state level-trade associations will submit a memorandum to their district collector all over the country.

A statement issued by CAIT earlier this week claimed that prominent markets in Delhi, including Connaught Place, Chawri Bazar, Chandni Chowk, Sadar Bazar, Kashmiri Gate, Pahar Ganj, Karol Bagh, South Extension, Greater Kailash, Amar Colony, Green Park, Khan Market, Rajouri Garden, Tilak Nagar, Laxmi Nagar, Vikas Marg, Lajpat Nagar, Shahdara, etc will remain closed on September 28.

Khandelwal had alleged that the Monitoring Committee is conducting sealing as per its own wishes disregarding the provisions of MCD Act. He said the government should bring an ordinance to provide relief to traders from sealing with an Amnesty Scheme, declaring maintenance of status quo as on December 31, 2017.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
 
Most Active
Company Price Change %Gain
SBI 344.70 7.97
Reliance 1,325.90 4.62
Indiabulls Hsg 814.55 12.63
ICICI Bank 407.70 4.62
HDFC 2,122.50 6.46
Company Price Change %Gain
Reliance 1,325.50 4.72
Axis Bank 782.75 4.62
Indiabulls Hsg 811.05 12.47
SBI 344.60 8.04
Yes Bank 143.60 6.73
Top Gainers
Company Price Change %Gain
Indiabulls Hsg 814.55 12.63
Adani Ports 400.10 8.99
IndusInd Bank 1,494.65 8.82
SBI 344.70 7.97
Tata Motors 190.15 7.52
Company Price Change %Gain
IndusInd Bank 1,492.60 8.64
SBI 344.60 8.04
Tata Motors 190.00 7.53
Yes Bank 143.60 6.73
Larsen 1,451.05 6.55
Top Losers
Company Price Change %Gain
Dr Reddys Labs 2,589.40 -5.67
Zee Entertain 362.50 -2.59
Bajaj Auto 3,006.30 -1.11
Tech Mahindra 779.35 -0.70
Infosys 722.40 -0.21
Company Price Change %Gain
Bajaj Auto 3,005.85 -1.18
Infosys 722.40 -0.19

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results