Nagpur :-The Confederation of All India Traders ( CAIT) is holding a first ever “ National Retail Summit” on forthcoming 18th and 19th April, 2023 at New Delhi which will be attended by prominent trade leaders of non corporate sector from all States of the Country. Beside trade leaders, the CAIT has also invited leaders of transport, SMEs, farmers, self help groups, women entrepreneurs, hawkers and other sectors of retail trade with an aim to forge a bigger alliance of Indian retail trade. The summit will be chaired by CAIT National President B C Bhartia.
CAIT Secretary General Praveen Khandelwal informed that the two days retail summit will discuss various issues of non corporate sector including trade in different structured sessions . We have invited several senior Union Ministers to address the trade leaders in different sessions.
CAIT National President B C Bhartia said that beside discussing simplification of GST tax system, urgency of an e-commerce policy and a Regulator for e-commerce, a national retail trade policy, various core but critical issues will be deliberated during the two days retail summit which includes faster acceptance & adoption of Digital technology and digital payments by the trading community in order to bring informal trade into formal trade, access to finance for SMEs, issues related to cyber security, steps to curb unethical e-commerce business being conducted by e-commerce companies including e-pharmacy, a national policy for speedy development of infrastructure in old markets in different cities across the Country, a skill based educational curriculum having linkage with entrepreneurship and employment, need of a proper and empowered platform for Business networking, working plan to promote women entrepreneurship particularly conversion of home maker women in entrepreneurship, abolition of Mandi cess and professional tax, strengthening of Non Banking Finance Companies ( NBFCs) & Micro Finance Institutions ( MFIs) for lending finances to trading community and strengthening of distribution supply chain & protecting distribution fraternity from the onslaughts of big manufacturers.
Khandelwal said that the retail summit will also discuss ways and means to get “ One nation- One License” implemented in the Country, review of Acts and Rules governing trade, an effective pension and insurance scheme for traders. The summit will also discuss as to how the trading community can leverage the scope of 5 trillion economy vision of Prime Minister Narendra Modi. The delegates at the summit will also discuss applicability of proposed Mediation Bill, Food Safety & Standards Act, Competition Act and also applicability of BIS standards on different products for production of quality goods. A special session will be held to carve out strategy for boost in exports of commodities produced by SMEs, artisans and other skilled sections of the economy.
