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Bharat Bandh: Traders to protest against Walmart-Flipkart deal, shops sealing

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New Delhi, Sep 28: The Confederation of All India Traders (CAIT) has called for a nation-wide Bharat Bandh on Friday against Walmart's acquisition of home-grown retail major Flipkart and FDI in retail.

PTI file photo

"All commercial markets across the country will remain closed and no commercial activity will take place. About 7 crore small businesses all over the country are expected to participate in the bandh," the Confederation of All India Traders (CAIT) said in a statement.

Walmart buys 77% stake in Flipkart for nearly Billion

The traders' body also claimed that a 'Trade Bandh' will be observed by Delhi traders in which all wholesale and retail markets will remain closed as part of their participation in the 'Bharat Trade Bandh'.

CAIT Secretary General Praveen Khandelwal told PTI that a protest Dharna will be held at Jantar Mantar against the Walmart-Flipkart deal and FDI in retail.

In January, the Union Cabinet decided to allow 100 per cent foreign direct investment (FDI) in single brand retail under automatic route, and also eased local sourcing norms.

Delhi traders are also demanding immediate promulgation of an ordinance to stop sealing of shops in the city, it said.

"Besides FDI, the Delhi Trade Bandh is also focussing on sealing issue demanding the government to bring an ordinance to protect Delhi from sealing. To lodge their strong protest, the Delhi traders in large numbers will also join a Protest Dharna at Jantar Mantar tomorrow displaying their anguish and resentment," CAIT said in a statement.

It further said that similar protests will also be held across the country in all states and the state level-trade associations will submit a memorandum to their district collector all over the country.

OneIndia News (with PTI inputs)

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