CAIT to construct database of all its traders and employees across India

March 14, 2020 written by

The Confederation of All India Traders (CAIT) has announced that they will prepare a database of all their traders and employees working in all states and union territories across India on lines of the National Population Register (NPR).

CAIT said that the exercise is aimed at better addressing the basic problems of traders across the country and it will begin from March 1 and get over by September 30.

According to CAIT Delhi-NCR unit Chairman, Sushil Kumar, this is being done so that the government can formulate policies for business class based on that data. He also mentioned that the idea of database came from Commerce and Industry Minister Piyush Goyal during a business conference organised by CAIT in Delhi.

“CAIT had accepted that Minister Goyal’s suggestion is very logical and this data will be of great importance in seeking the right to facilities from Centre and other states for retail trade of the country and to formulate a support policy for business,” Jain added.

CAIT National President B C Bhartia and National General Secretary Praveen Khandelwal said in a statement that according to a survey of the National Sample Survey Office (NSSO), there are about 7 crore small businesses in the country and they employee about 45 crore people.

The statement further mentioned that these businesses have a turnover of about Rs 45 lakh crore per year. “No government has taken a single step to prepare its data for such an important sector of the country’s economy, which is very unfortunate.”

“There is a separate policy for all other sections related to the retail sector and there is also a ministry, but there is no policy or ministry for retail business. After this data is prepared, CAIT will very strongly demand to form a ministry for retailers separately,” the statement added.

Share on FacebookShare on Google+Pin on PinterestTweet about this on TwitterShare on LinkedIn
Article Categories: