New Delhi: The Confederation of All India Traders (CAIT) has expressed
deep shock over the statement of Delhi Chief Minister made today at a Seminar
organized on FDI in Retail by a College
that FDI will go a long way to improve the economy and prices will be
stabilized. The CAIT further regretted that statement of the Chief Minister
that no retailer has so far approached the Delhi Government to express
anticipated difficulties because of FDI in Retail because the CAIT itself has
given various memorandums to Delhi Government on the repercussions of FDI in
Retail. It said that it is the Union Government which is making confusions and
misrepresentations of the facts and figures on various issues related to FDI in
Retail. CAIT Secretary General Mr. Praveen Khandelwal said that he is
challenging the Union Government to prove him wrong and he is ready to have an
open debate with anyone in the Government on this issue which has been made a
“Pandora box” by the Union Government. He apprehended that even the Chief
Ministers of different States have been mis-informed by the Union
Government.
CAIT Secretary General Shri Praveen Khandelwal reminded the
Chief Minister that about two weeks before when the traders gathered at her
residence to express thanks and gratitude to her for taking due cognizance of
the issue of the traders related to VAT, the issue of FDI in Retail was raised
out of context on which the Union Minister Shri Kapil Sibal offered to hold
talks with the traders on FDI in Retail.
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