Traders decry Walmart-Flipkart deal, want it scrapped
New Delhi, July 2: Delhi traders staged a sit-in here on Monday against the proposed acquisition of Indian e-commerce company Flipkart by the international super store giant Walmart.
The traders, protesting under the lobby group Confederation of All India Traders (CAIT), denounced the deal arguing that it would create "unfair competition" and demanded that the government scrap it.
They also said a body regulating e-commerce should be established.
"The deal will create an unfair competition and uneven playing field and will indulge in predatory pricing, deep discounts and loss of funding," CAIT Secretary-General Praveen Khandelwal told IANS.
Khandelwal said similar protests were organised at about 1,000 places in several states across the country with over 10 lakh offline and online traders participating in them.
The CAIT said if their demands were not met they would decide on their future course of action at the national convention to be held from July 23-25.
In Delhi, the protest was held in Karol Bagh, a big commercial hub. Similar protests were held in Mumbai, Nagpur, Pune, Surat, Ahmedabad, Bhopal, Chennai, Hyderabad, Bengaluru, Pondicherry, Raipur, Rourkela, Ranchi, Kolkata, Lucknow, Kanpur, Allahabad, Jhansi and in other cities, the CAIT said in a press statement.
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State govt has funds in SDRF for Wayanad rehabilitation: Centre to Kerala HC
Kochi, Nov 15: The Centre on Friday informed the Kerala High Court that money for Wayanad rehabilitation was available in the State Disaster Response Fund (SDRF) and information regarding allocation of any additional funds for it will be conveyed by the end of the month.
The submission from the central government came during the hearing of a plea initiated by the High Court for prevention and management of natural disasters in the state in the wake of the landslides that devastated three villages in Wayanad district of Kerala.
The state government on the other hand told the court that the Centre in a letter has said it will not allocate any more funds, than what has already been allocated, for the rehabilitation of the disaster victims.
It claimed that no positive assurance has been received from the Centre.
A bench of justices A K Jayasankaran Nambiar and K V Jayakumar, however, did not agree with the state's stand and questioned whether it was based on media reports.
The bench told the state government that the Centre has not said that it will not provide more assistance.
It said that while news reports may appear to indicate that nothing will be provided, if you look at the details, it does not seem so.
The state's contentions were based on news reports and the letter received from the Centre.
The Centre in a letter to the state had said that under the existing guidelines of SDRF and NDRF, there is no provision to declare any calamity a 'national disaster'.
The matter will be heard next on Friday, the court said.
