Srinagar: Accusing the e-commerce websites like Amazon and Flipkart and many other foreign-funded e-commerce companies of indulging in unethical business practices, Farhan Kitab, President of Kashmir Retailers Association (KRA) today said the malpractice has badly affected the business of retail and other traders in the valley.
In a statement issued to media today, Mr Kitab supported the Confederation of All India Traders (CAIT) for the launch of “e-commerce purification week” from Monday to June 21, which is gaining massive support from thousands of trade associations across the country.
Mr Farhan said as a part of the event, a memorandum would be handed over to District Commissioner Srinagar and to other concerned officials in Jammu and Kashmir.
Kitab said the way companies like Amazon and Flipkart are defying the laws of the country, adopting predatory pricing, deep discounting, loss funding, controlling inventory and adoption of preferential sellers have killed the small businesses in Kashmir.
During the e-commerce purification campaign, the trade organizations across the country will hand over a memorandum to the District Collectors in all states in the country.
Meanwhile, trade organizations’ delegations across the country will meet Chief Ministers and Finance Ministers of their respective States and urge them to set up a monitoring mechanism for e-commerce trade across the states for ensuring strict implementation of FDI in e-commerce policy of the Government. —(KNO)
