New Delhi, May 17 (IANS) Union Commerce and Industry Minister Piyush Goyal will launch the official website of the Bhartiya Vyapar Mahotsav during a two-day national conclave of trade leaders at Bharat Mandapam in New Delhi, organised by the Confederation of All India Traders (CAIT), it was announced on Sunday.The conclave will bring together around 150 prominent trade leaders, representatives of business associations, MSMEs, manufacturers, startups and industry stakeholders from across the coun…
Latest Confederation of All India Traders News & Updates
New Delhi, May 15 (IANS) The Confederation of All India Traders (CAIT) on Friday termed the Rs 3 per litre increase in petrol and diesel prices a ‘measured and responsible decision’ aimed at ensuring an uninterrupted fuel supply and maintaining economic stability amid prevailing global uncertainty.Reacting to the fuel price hike, CAIT Secretary General and BJP MP Praveen Khandelwal said the decision must be viewed in the context of ongoing geopolitical tensions and disruptions in global crude oi…
New Delhi, May 11 (IANS) The Confederation of All India Traders (CAIT) Secretary General and Member of Parliament Praveen Khandelwal on Monday wrote to Union Railway Minister Ashwini Vaishnaw, urging comprehensive reforms to increase transparency, efficiency and trade-friendliness of rail freight and parcel services.Khandelwal’s letter, sent in line with Prime Minister Narendra Modi’s to use railways for parcel movement, called for dedicated freight facilitation centers for traders and real-…
New Delhi, April 26 (IANS) India’s fast-growing digital market, if left unregulated, can seriously damage the country’s traditional retail structure, which remains one of the largest generators of self-employment and jobs, the Confederation of All India Traders (CAIT) said on Sunday, urging the government to roll out an enforceable National E-Commerce Policy to protect crores of small traders, neighbourhood shops, and the livelihoods of crores of employees.In a letter sent to Union Commerce …
New Delhi, April 25 (IANS) The Confederation of All India Traders (CAIT) on Saturday hailed the decisive action taken by the Reserve Bank of India (RBI) in cancelling the licence of Paytm Payments Bank Limited (PPBL), seeking probe into the matter.This firm regulatory intervention is in the larger public interest and will help safeguard the hard-earned savings of millions of Indians who trusted the institution with their money, said the industry body in a statement.CAIT Secretary and BJP MP Prav…
New Delhi, April 19 (IANS) Akshaya Tritiya is expected to generate business exceeding Rs 20,000 crore in gold and silver despite rising prices, a notable growth from last year’s estimated Rs 16,000 crore business on the auspicious occasion, the Confederation of All India Traders (CAIT) said on Sunday.Akshaya Tritiya has traditionally been one of India’s most auspicious occasions for purchasing gold, rooted in the belief that investments made on this day ensure lasting prosperity. “While go…
New Delhi, April 6 (IANS) The Confederation of All India Traders (CAIT) on Monday urged the government to implement credit and liquidity-supportive measures, especially for MSMEs over concerns of the ongoing West Asia crisis impacting India’s trade and industry.The association called for extension and relaxation of loan repayments for MSMEs and small traders and launch of a special Credit Guarantee Line Scheme to support liquidity.Further, it requested interest subvention for severely impacted…
New Delhi, March 29 (IANS) At a time when geopolitical tensions in West Asia have raised concerns globally, India’s supply chain ecosystem continues to remain robust, stable, and well-prepared under the decisive leadership of Prime Minister Narendra Modi, the Confederation of All India Traders (CAIT) said on Sunday.CAIT Secretary General and Delhi MP Praveen Khandelwal said that the Government has already clarified that there are adequate stocks of essential commodities across the country, and…
New Delhi, Feb 25 (IANS) BJP MP Praveen Khandelwal on Wednesday urged the Centre to rename Delhi as ‘Indraprastha,’ stating that the current name reflects only a later phase of history, while Indraprastha represents the national Capital’s original civilisational identity. In a letter to Union Home Minister Amit Shah, Khandelwal, who represents Chandni Chowk in the Lok Sabha and also serves as the National General Secretary of the Confederation of All India Traders (CAIT), requested the governm…
New Delhi, Feb 22 (IANS) The Confederation of All India Traders (CAIT) Secretary General Praveen Khandelwal said on Sunday that the upcoming Holi festival is expected to generate business exceeding Rs 80,000 crore across India this year, reflecting a growth of nearly 25 per cent compared to last year’s estimated Rs 60,000 crore. He noted that due to the appeal of Prime Minister Narendra Modi to promote “Vocal for Local”, India-made products are dominating the markets this Holi. Herbal gulal, nat…