Finance & Economy | News & Insights

CAIT seeks ‘Country of Origin’ on all products sold online

Published: June 23, 2020
Author: munimji

Confederation of all India traders requested Piyush Goyal, Commerce, and Industry Minister to make it compulsory for every e-commerce site to mention country of origin on every product sold on their platform so that informed decisions could be made by the buyers. As per CAIT, most E-Commerce portals are offering Chinese goods about which the consumers on ignorant.

“I have asked him (Goyal) to amend the FDI policy Press Note no 2 which specifies do’s for FDI backed e-commerce companies and framing of a general rule for Indian e-commerce firms.

“We have demanded Country of Origin in all matters related to imports from other countries and for indigenous manufacturers as well. Every product should have Country of origin,” CAIT Secretary General Praveen Khandelwal told. The trader’s body in communication to chief ministers of all states urged to lead the campaign to boycott Chinese products. It has also urged political parties to issue support appeals in favor of the campaign.

“CAIT has also demanded that the Board of Cricket Control of India (BCCI) cancel the sponsorship of Vivo and sponsorship of any other Chinese Company,” the trader’s body said, adding it has urged the Indian Olympic Association (IOA) to withdraw sponsorship of Chinese companies if any.

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