CAIT has released a White Paper on FDI in Retail Trade which explains ignoring the democratic process, taking shelter of incorrect and misleading facts and figures, bringing major changes in FDI policy laid down in the Parliament on 25th Nov, 11 reflected in notification issued on 20th September2012, flouting the principle of social and economic justice guaranteed by the Constitution and indulging in legislative flaws.
On the occasion, Secretary General of the Confederation of All India Traders (CAIT) Praveen Khandelwal announced that in tune with Parliamentary debate, a 36 hours Protest Dharna will be held continuesly on 4th and 5th December at Jantar-Mantar in New Delhi under the banner of Khudra FDI Virodhi Rashtriya Morcha and will be joined by traders, farmers, hawkers, small industries, consumers and other sections of Retail Trade in large numbers. A meeting of trade and other Associations will be held tomorrow at Hindi Bhawan at ITO to discuss protest programe.
Khandelwal sought to know from various political parties supporting FDI in Retail that whether they are aware that the Government has made major deviations in notification issued on 20th September, 2012 for providing extra ordinary advantages to global retailers to control and dominate the retail trade?
Khandelwal further said that most of the parties supporting FDI in Retail are the torch bearers of the interest of the poor sections of the people of India and it is most surprising that even at the cost of devastation of livelihood of these groups, the said political parties are signing the death warrant of such people by extending support to FDI in Retail.
The Press Conference was also attended by Satish Garg, Organising General Secretary of CAIT, Farmers Leader Naresh Sirohi, Pradeep Sharma, National Coordinator, Khudra FDI Virodhi Rashtriya Morcha, Ramesh Khanna, Natioal Secretary , Vijay Pal, Delhi State General Secretary of CAIT, Adarsh Gupta, Ramesh Kapoor, Sanjeev Gupta, Programe coordinator.
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