‘Check FDI policy violations in e-comm’
March 17, 2021
CAIT has alleged that e-comm firms are breaking norms - istock/William_Potter×
“Enforcing the existing FDI policy that disallowed FDI in inventory-based model is of primary importance to protect the small merchants and kirana shops,” said traders body CAIT
Representatives from retailers, traders, and small industry associations, gave their inputs on an appropriate Foreign Direct Investment (FDI) policy for e-commerce that would protect domestic interests in a virtual meeting with senior officials from the Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday.
“Enforcing the existing FDI policy that disallowed FDI in inventory-based model is of primary importance to protect the small merchants and kirana shops,” said traders body CAIT.