RSS for ban on e-tailers |
The economic wing of the RSS that is an ally of the ruling BJP has asked the government to ban not only foreign e-commerce firms such as Amazon and eBay are `killing domestic players in the Indian market`, but also Indian players such as Flipkart which have high foreign fund infusion. Unhappy with the BJP-led government`s overall foreign direct investment policy, leaders of the Swadeshi Jagran Manch (SJM) met Finance Minister Arun Jaitley in January for a discussion on the budget and have sought a white paper on FDI. The SJM opines that FDI in e-commerce should be prohibited by law. Though India did not allow FDI in e-commerce sites, they circumvent the law to sell their product in the country. Even Indian e-commerce firms like Flipkart have turned to be foreign now with funding from outside. There is a lacuna in the law and this cannot be allowed.
|
|
|
|