SJM demands withdrawal of permissions given to Amazon Flipkart-Walmart to operate in India \
4 min read
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SJM demands withdrawal of permissions given to Amazon Flipkart-Walmart to operate in India

28-Dec-2021
New Delhi Dec 28 PTI The RSS-affiliated Swadeshi Jagran Manch SJM has demanded that the government should immediately withdraw the permissions given to e-commerce giants Amazon and Flipkart-Walmart to operate in India as these firms are blatantly contravening rulesIn a resolution passed at its national conclave recently the outfit also said a CBI probe should be ordered into the operations of Amazon Flipkart-Walmart and other multinational e-commerce companies while alleging that these firms are doing business in India blatantly violating the FDI foreign direct investment regulationsForeign direct investment in multi-brand retail trade is regulated through the FDI policy Foreign players cannot have an inventory-based model to operate in India They are also barred from influencing prices by cash-burning models Multinational e-commerce companies such as Amazon and Walmart-Flipkart are blatantly contravening rules and operating uncontrolled in India the SJM claimed in the resolution passed at its 15th national conclave in Gwalior on December 26Amazon is on a spree to acquire brick-and-mortar retail outlets along with its e-commerce retail activities the outfit claimed adding that the companys investments in Shoppers Stop and the More Retail chain are major steps in this directionFrom 2017-18 to 2019-20 in three years Amazon has spent Rs 9788 crore on legal and professional fees in India Internal sources have exposed that the money is being routed through these accounts for bribing officials in India the SJM allegedThis proves that licences and permissions were obtained by all such e-commerce companies fraudulently using unfair means it saidThis is a very serious matter The Rashtriya Sabha of the Swadeshi Jagran Manch demands that all the permissions given to these companies be withdrawn forthwith and all their activities be declared illegal the outfit demanded in the resolutionThe entire matter should be investigated by the CBI and as soon as the government officers including people sitting in high offices gaining from these companies directly or indirectly are identified they should be sent on leave to ensure a fair investigation into the matter and be punished for their offences it addedThe SJM claimed that Amazon and Flipkart occupy 80 per cent of the online marketing space and the discounts they offer are adversely impacting the offline markets neighbourhood shops and grocery storesAlong with this people engaged in the wholesale and the transport sectors are also getting adversely affected by the e-commerce giants In the past few years mobile shops have been closed down due to unfair trade practices of the e-commerce giants it saidThe RSS-affiliate accused Amazon of giving preferential treatment to a selected group of sellers including Cloudtail and Appario to hurt small retailers bypassing the Indian FDI regulationsAmazon scooped up data from its own sellers to launch competitive products and brands such as Solimo and Amazon Basics Amazon Web Services AWS is another operations being carried out by Amazon in India to exploit the retailers by charging very heavy fees in the garb of helping them in improving their presence on the e-market placeAmazon compels small suppliers to hold substantial minimum quantity of their range of products at its fulfilment centres These suppliers are also required to pay for the warehousing transportation etc It has resulted in very high inventory cost for vendors it alleged PTI PK RC
28-Dec-2021 National
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Withdraw permissions given to Amazon Flipkart-Walmart to operate in India launch CBI probe SJM \
3 min read
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Withdraw permissions given to Amazon Flipkart-Walmart to operate in India launch CBI probe SJM

28-Dec-2021
New Delhi Dec 28 PTI The RSS-affiliated Swadeshi Jagran Manch SJM has demanded that the government should immediately withdraw permissions given to e-commerce companies Amazon and Flipkart-Walmart to operate in India as they are blatantly contravening rules In a resolution passed at its national conclave recently the outfit also demanded for a CBI probe into the operations of Amazon Flipkart-Walmart and other multinational e-commerce companies alleging that they are doing business in India blatantly violating the FDI foreign direct investment regulations Foreign direct investment in multi-brand retail trade is regulated through the FDI Policy Foreign players cannot have inventory based model to operate in India They are also barred from influencing prices by cash burning models Multinational e-commerce companies such as Amazon and WalmartFlipkart are blatantly contravening rules and operating uncontrolled in India claimed the SJM resolution passed at its 15th national conclave in Gwalior on December 26 Amazon is on a spree to acquire brick and mortar retail outlets along with its e-commerce retail activities the SJM claimed adding that the companys investment in Shoppers Stop and More Retail chain are some major steps in this direction From 2017-18 to 2019-20 just in three years Amazon has spent Rs 9788 crore on legal and professional fees in India Internal sources have exposed that the money is being routed through these accounts for bribing officials in India it alleged This proves that licenses and permissions obtained by all such e-commerce companies were obtained fraudulently using unfair means it added This is a very serious matter The Rashtriya Sabha of Swadeshi Jagran Manch demands that all the permissions given to these companies be withdrawn forthwith and all their activities be declared illegal the SJM demanded in the resolution The entire matter should be investigated by the CBI and as soon as the government officers including people sitting in the high offices gaining from these companies directly or indirectly are identified they should be sent on leave to ensure a fair investigation into the entire matter and be punished for their offences it added PTI PK CK
28-Dec-2021 National
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