Traders call Bharat Bandh on September 28 against Walmart-Flipkart deal

Traders call Bharat Bandh on September 28 against Walmart-Flipkart deal
07/09/2018 , by , in ALLIED

Retailers association CAIT has called for nationwide traders’ strike on September 28 to protest against acquisition of Flipkart by US retail giant Walmart, the traders’ body said Thursday.

“We are observing Bharat trade bandh on September 28. Almost 70 million traders across the country will keep their shutters closed to protest against Walmart acquiring Flipkart,” CAIT secretary general Praveen Khandelwal said.

He said that the Confederation of All India Traders (CAIT) will approach the government to annul the deal as it violates press note 3 of 2016, which clearly says that no foreign direct investment will be allowed in e-commerce.

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