14th December, 2014

TRADERS MASSIVE RALLY ON 18TH DECEMBER AT RAMLILA GROUND AT DELHI 

FINANCE MINISTER ARUN JAITLEY & URBAN DEVELOPMENT MINISTER VENKIAH NAIDU WILL BE FELICITATED

In support of various issues of traders and non corporate sector, the Confederation of All India Traders (CAIT) and several other national organisations of different verticals of non corporate sector. are holding a massive rally on 18 December 2014 at Ramlila Maidan. Beside CAIT, All India Motor Transport Congress, All India Confederation of Goods Vehicle Owners Association, All India Transport Welfare Association, Federation of Indian Small & Micro Enterprises , National Hawkers Federation, Bhartiya Kisan Morcha,International Society For Small & Medium Enterprises  etc. are organising Rally. Tens of thousands of people from all over the Country will also attend the Rally. CAIT National President Mr. B.C.Bhartia will chair the Rally   

The rally is being organised to support announcement made by Finance Minister Mr. Arun Jaitley for creation of a separate financial architecture for non corporate sector which was a long standing demand of CAIT, as core banking sector has failed to provide loans to non corporate sector. Only 4% of this sector could able to obtain loans from core banking sector. Therefore, the announcement of Finance Minister is a shot in arm of this sector. The rally will also urge the Government to resolve other core issues on similar lines which includes Rules & Regulations for Online Retail Trade, FDI in Retail E Commerce, Single tax simplified GST, Re-drafting of Delhi Rent Act, removal of anomalies & disparities in current VAT tax regime, Re-drafting of Food Safety & Standards Act, National Trade Policy For Retail Trade & a separate Ministry of Internal Trade, Abrogation of outdated & obsolete Laws governing retail trade, Holistic Road Transport & Safety Bill and implementation of National Urban Street Vendor Policy and Lower Tax Slab in Income Tax for Traders & Non Corporate Sector.

The rally will have special focus on several issues concerning Delhi trade which includes extension of National Capital Territory  (Special Provision) Act to protect people of Delhi from sealing & demolitions, parking & conversion charges, notification of 351 Roads for Commercial & Mixed Land Use etc.

CAIT Delhi State President Mr. Ramesh Khanna informed that Union Urban Development Minister Mr. Venkaiah Naidu will be felicitated at the Rally for his persuasion of obtaining approval of the Union Cabinet on Draft Bill for extension of National Capital Territory Act till 2017 to protect Delhi from sealing and demolitions. About 5 lakh traders in Delhi will be benefitted with such move of the Government.

Shri Suresh Bindal, Chairman of the Rally Committee said that since there is a trader friendly government at the centre, it is right time to raise issues in a strong manner in order to obtain solutions. With a slogan ' Abhi Nahin To Kabhi Nahin', large number of traders from all over Delhi will participate in the Rally whereas trade leaders from across the Country shall  also be attending the Rally. 

     

Convener of the Rally Mr. Sushil Goel said that Delhi is a trading centre since ages and its distributive character of trade needs greater protection since it is the largest source of revenue to State Government. The Walled city, largest hub of wholesale commercial markets in the Country, has its unique place. Therefore, every effort must be made by the Government to provide better business environment in Delhi particularly in walled city and therefore the issues like extension of National Capital Territory Act,2011 and resolving the complex issue of parking & conversion charges and providing parking lots is the need of the hour.