National Traders Convention from 6th to 8th January at New Delhi

New Delhi: Amid current economic slowdown and in a situation where retail trade of the Country is fraught with various serious challenges from different quarters including grave unhealthy, unfair and mal-prractices of e commerce companies,, the domestic trade is virtually landed in a situation of devastation.

Under this backdrop, the Confederation of All India Traders (CAIT) is holding a three days National Traders Convention from 6th to 8th January,2020 at a specially crafted Bhamashah Stadium at Ramlila Ground at New Delhi. Thousands of traders from all states of the Country will be participating in three days convention and will deliberate on several critical issues and will release a Delhi Declaration as a mandate for Year 2020. The convention will also discus role of trading community in achieving 5 trillion economy goal of Prime Minister Shri Narendra Modi.

CAIT Secretary General Mr Praveen Khandelwal while addressing a Press Conference today at New Delhi informed that Union Defence Minister Shri Rajnath Singh will inaugurate the Convention on 6th January at and various senior Ministers of the Government including Finance Minister Smt. Nirmala Sitharaman, Commerce Minister Shri Piyush Goyal, Urban Development Minister Shri Hardeep Puri, Health Minister Dr. Harshvardhan, Environment Minister Shri Prakash Javedkar, Textile Minister Smt. Smriti Irani, Agriculture Minister Shri Narendra Singh Tomar beside CEO of Niti Aayog Shri Amitabh Kant and several other senior Ministers, bureaucrats, economy experts shall also be attending the Convention during different sessions to be held on all three days of the Convention.

Mr Khandelwal informed that various critical issues of the trading community will be discussed during the convention includes onslaught of E Commerce Companies on retail trade by their malpractices & violation of FDI policy and to seek immediate steps by the Government to make them obligatory to comply with FDI policy or else leave the Country. Early introduction of a comprehensive e commerce policy, Reforms needed for E Commerce market of India, formation of a Regulatory Authority for E Commerce or E Commerce Ombudsman , linkage of 7 crore traders of the Country with e commerce under Digital India program of the Prime Minister Shri Narendra Modi, ban on cash on delivery (COD). Payment system in e commerce will be elaborately discussed and future action plan will be chalked out. Similarly problems arising out of implementation of GST, Simplification & Rationalisation of GST Tax structure, removal of disparities and anomalies in different GST tax rate slabs, blockage of refund with the Government and ways & means for aggregation of 2 crore traders under GST will be discussed at length.

Mr Khandelwal further informed that acceptance & faster adoption of digital payments among trading community, abolition of bank charges on digital payments, Digitalisation of traders and its road blocks, Access to easy finance to traders through Banks & other financial institutions and policies for comprehensive financial inclusion of traders will also be discussed. Strengthening the role of NBFCs & MFIs for lending finance to traders.Restructuring of Pradhanmantri Mudra Yojna and removal of its bottle necks, Affordable Insurance schemes for traders and their business establishments,Exploring the avenues of cooperative business model in India,Strengthening the network of Women entrepreneurs in India and promoting more women to become entrepreneurs, Recognition of Direct Selling as integral part of Retail Trade and its adoption by traders as an additional business, Modernisation of commercial markets with Infrastructure under Smart City, Encouragement policies & Hand Holding of Start Ups, Early implementation of National Retail Policy, early formation of National Traders Welfare Board, Promotional campaign for Make in India Products among trading community and consumers will also be discussed at length and strategy will be formulated to the these issues as a mandate of CAIT will be discussing during the convention.

During the convention a special Delhi session will be held in which burning issues of Delhi traders including problems arising out of sealing, stoppage of uIllegal working the Monitoring Committee and it’s dissolution, urban infrastructure in Delhi commercial markets, an Amnesty Scheme to protect traders from sealing, de- sealing of shops which have been been sealed since a long time, Delhi Rent Act on pattern of Gujrat Rent Act, And reorganising centuries old distributive character of Delhi trade will be discussed at length.

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