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 …
Latest Confederation of All India Traders News & Updates
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…
New Delhi, Feb 20 (IANS) BJP’s Lok Sabha member Praveen Khandelwal criticised IndiGo on Friday, referring to the airline’s baggage mishandling as “shameful” during his recent flight, and highlighted the increasing concerns about passenger experience at the nation’s busiest airlines.Khandelwal Member of Parliament from Chandni Chowk and Secretary General of the Confederation of All India Traders (CAIT), who flew on flight 6E‑5237 from New Delhi to Belagavi (Karnataka), said he reached his desti…
New Delhi, Feb 12 (IANS) The Confederation of All India Traders (CAIT) on Thursday said markets across the country are open, trade is normal, and all business activities will proceed as usual, amid the ‘Bharat Bandh’ (nationwide strike) call by some trade unions and farmers’ organisations.According to Praveen Khandelwal, National Secretary General, CAIT, all trading and trade-related activities across the country will continue as usual. “No major national traders’ organisation has call…
New Delhi, Feb 8 (IANS) The Confederation of All India Traders (CAIT) said on Sunday that the Micro, Small, and Medium Enterprises (MSME) sector of India sees greater opportunities of business in the American market with the finalisation of the first tranche of the India-US trade deal. “This trade deal reached under the visionary and decisive leadership of Prime Minister Narendra Modi marks a major milestone in India’s journey towards becoming a global economic powerhouse comes as a boon for the…