Traders' body to discuss GST reforms, curbs on protest
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Confederation of All India Traders will meet on November 13 in New Delhi to discuss GST reforms and protest curbs.
- ✓Leaders want to protect businesses from losses caused by frequent agitations.
- ✓They also plan to push for a single licence system to help small traders grow their shops easily.
Story at a Glance
- Category
- Indian Markets
- Reported By
- CNBC TV18
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
The Confederation of All India Traders (CAIT) has convened a day-long meeting of senior trade leaders from across the country on November 13 in New Delhi to formulate a strategy to safeguard trade and livelihoods from disruptions caused by political agitations, sit-ins and demonstrations.
The meeting will assess the losses suffered by businesses due to various agitations, sit-ins and demonstrations in Delhi over the past month, as well as their impact on traders, shopkeepers, small businesses, street vendors and others whose livelihoods depend on commercial activity.
Describing the disruption of commercial activity in the national capital as more than just shops remaining closed or a decline in sales, CAIT said the impact extended to supply chains, the movement of goods, employees' livelihoods, cash flows of small businesses and the wider economy. The effects were particularly significant during crucial business periods, such as the festive and wedding seasons.
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CNBC TV18
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