Members of the Ganjam Chamber of Commerce (GCC) and the Odisha Traders’ Association have decided to support the Bharat Bandh call given by the Confederation of All India Traders (CAIT) on September 28 demanding scrapping of the US-based Walmart’s deal to buy Indian retailer Flipkart.
This was informed by GCC president VVRN Rao in a Press meet here on Wednesday.
Rao said the Flipkart-Walmart deal flouts the FDI policy of India and is going to affect about seven crore traders and small businesses in the country.
The association also demanded to simplify the Good and Services Tax (GST) process, that fine in the GST should not cross Rs 10,000, increase the Income Tax exemption to Rs 5,00,00 and scrapping of the Mandi Tax.
Among others, GCC VP Siva Prasad Rao, Jamula Suresh, T Rahula, V Santosh Kumar, Manoj Kumar Padhy and Chirani Rabindra Nath were present.