CAIT played “Economic Justice cards” to fight against FDI

The nationwide campaign against FDI in Retail by the traders took a new turn today when the Confederation of All India Traders (CAIT) firmly stated that the policy of FDI in Retail is contradictory to the promise of “Economic Justice” enshrined in the Preamble of the Constitution. In the first line of the Constitution the Preamble “resolve to secure citizens of India with JUSTICE, social, economic and political. The Union of India is bind to provide these justice and cannot make a policy which contravenes the Preamble of the Constitution.

CAIT National President Mr. B. C. Bhartia and Secretary General Mr. Praveen Khandelwal today said that the entry of global retailers in the Country will culminate into “ un even level playing field” and crores and crores of people engaged in retail will be deprived of economic justice. If need be, the CAIT will not hesitate to take shelter of the Court to ensure economic justice.

Both Mr. Bhartia and Mr. Khandelwal said that quite number of times, the Govt has argued that “alleged middlemen in the supply chain needs to be abolished”. This statement of the Govt in itself sufficient to prove that large section of citizens of India will be deprived of economic justice as Government has not spelled any policy for their rehabilitation.

They said that in order to ensure social justice the Govt amended Article 15 & 16 of the Constitution and to ensure political justice it amended Article 73 and 74 of the Constitution. Instead of ensuring economic justice, the Government is committed to give economic injustice to the citizens of the Country which amounts to contradiction of the Constitution.

Even the provisions stipulated in Notification of 20^th September,2012 by the Govt to allow Fdi in Retail trade does contain various provisions which will promote economic injustice. Allowing of trading Unbranded grains and pulses in Multi Brand Retail, arbitrary provision of 30% sourcing from small industries,  provision of self-certification of compliance of the conditions laid down in notification are some of the extra ordinary benefits that are bound to promote economic injustice.

Both Mr. Bhartia and Mr. Khandelwal said that so far the economic policies of the Govt have been made in the larger interest of few Corporates and the wealth has been accumulated in few hands widening the gap between “ have’s and have nots ). The principle of Economic Justice has been flayed by the Govt.

They informed that on 21^st and 22^nd November Trade Leaders of different States will be assembling at New Delhi and will meet leaders of all political parties and will bring to their notice all such issues so that while in debate in Parliament, the issues may be made effectively.