Mixed response to trade bandh in Jamshedpur

  • | Saturday | 29th September, 2018

"The response to the bandh call was encouraging," CAIT (Jharkhand) functionary Suresh Sonthalia said, adding, "Twenty-three trade organisations joined hands with CAIT to make the bandh successful. This means consumers will not come to markets where smaller traders run their shops. "Another trader, S N Agarwal, said the main question now is whoever controls the platform (e-commerce) will control data and digital intelligence. He added that the Walmart-Flipkart deal will have serious consequences on the retail trade that involves the livelihood of millions of retail and wholesale traders.A delegation of traders submitted to East Singhbhum DC Amit Kumar a memorandum addressed to Prime Minister Narendra Modi JAMSHEDPUR: The day-long strike called by Confederation of All India Traders (CAIT) evoked mixed response from traders here and Adityapur on Friday.The bandh was in protest against the acquisition of retail major Flipkart by Walmart and foreign direct investment (FDI) in the country.Shops were shut at big markets such as Bistupur and Sakchi, while they were partially open at smaller trade centres like Kadma, Baridih, Mango, Golmuri and Dhatkidih.

JAMSHEDPUR: The day-long strike called by Confederation of All India Traders (CAIT) evoked mixed response from traders here and Adityapur on Friday.The bandh was in protest against the acquisition of retail major Flipkart by Walmart and foreign direct investment (FDI) in the country.Shops were shut at big markets such as Bistupur and Sakchi, while they were partially open at smaller trade centres like Kadma, Baridih, Mango, Golmuri and Dhatkidih. "The response to the bandh call was encouraging," CAIT (Jharkhand) functionary Suresh Sonthalia said, adding, "Twenty-three trade organisations joined hands with CAIT to make the bandh successful."Singhbhum Chamber of Commerce and Industry (SCCI) functionary Bharat Vasani said, "If the Walmart-Flipkart deal is not stopped, Walmart will be able to open its own shops and by taking orders online, it will deliver goods on the doorstep of the customer. This means consumers will not come to markets where smaller traders run their shops."Another trader, S N Agarwal, said the main question now is whoever controls the platform (e-commerce) will control data and digital intelligence. He added that the Walmart-Flipkart deal will have serious consequences on the retail trade that involves the livelihood of millions of retail and wholesale traders.A delegation of traders submitted to East Singhbhum DC Amit Kumar a memorandum addressed to Prime Minister Narendra Modi

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