You are here: Home » Companies » Industry
Business Standard

Traders' body says e-tail sites flouting FDI policy

In a statement, CAIT said it expresses 'deep anguish and resentment for the lethargic attitude of the government'

Press Trust of India  |  New Delhi 

Representational image
Representational image

The (CAIT) on Monday alleged that portals are "openly flouting (FDI) policy", and said it may move the court if no action is taken by the government against them.

In a statement, said it expresses "deep anguish and resentment for the lethargic attitude of the government for not taking any action against portals for openly flouting policy of the government in spite of making written complaints”.

also sent a communication to Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek, saying "if no action is taken by the government, the trade body may opt for approaching a court of law for obtaining justice”. also said on September 23 it had sent a communication to Suresh Prabhu, minister of commerce, regarding violation of policy by portals and the said communication was referred to secretary, DIPP, for appropriate action the same day.

National President B C Bhartia and Secretary General Praveen Khandelwal said, "So far no action has been taken against such portals as a result of which some of them are again going to violate the policy, which is evident from the fact that similar big advertisements are visible for different kinds of festival sales.” But, the body has not given detail of any particular site. The demanded immediate action against alleged-policy-defaulter

First Published: Tue, October 03 2017. 00:16 IST