Wide disparity between policy and ground realties source of discontent in traders- Kapil Sibal

Author(s): City Air NewsThe Union Minister Kapil Sibal participate in the second day of two days National Summit of Confederation of All India Traders (CAIT) held at New Delhi on Friday. Traders to convert into vote bank-resolve traders...

Wide disparity between policy and ground realties source of discontent in traders- Kapil Sibal
Author(s): 

The Union Minister Kapil Sibal participate in the second day of two days National Summit of Confederation of All India Traders (CAIT) held at New Delhi on Friday.

Traders to convert into vote bank-resolve traders convention
New Delhi, February 28, 2014: The second day of two days National Summit of Confederation of All India Traders (CAIT) held at New Delhi ended today with a firm resolve to convert the trading community across the Country in to a Vote Bank and to play a major role in forthcoming elections to Parliament in the current year. Trade Leaders from about 1500 Trade Associations all over the Country attended the two days Convention which was presided by CAIT National President B. C. Bhartia. The CAIT will undertake a massive nationwide campaign among 6 crore traders of the Country for conversion the community into a Vote Bank and will shortly announce its Delhi Declaration.
Taking part in the deliberations of the Convention senior Congress leader and Union Minister Kapil Sibal today termed the trading community as spinal cord of Indian economy and strongly advocated the need of a National Trade Policy for Retail Trade of India. He also underlines the need of creation of Trade Board in Centre and States with representative from trade and civil society. Sibal accepted the truth that at Government level policies are framed at the table whereas implementation is being done at ground level and due to lack of synergy between policy and ground realties, it often leads to major discontent.  He said that the traders need to be taken into confidence before formulating any policy for trading community. A continue dialogue between traders and the Government is all the more necessary in larger interest of development of economy. No Government can afford to neglect the traders-asserted Sibal.
Sibal also strongly advocating up-gradation and modernisation of retail trade and unequivocally said that before implementation of any policy, the infrastructure, power, simplified and hassle free system free from corruption should be made available to traders by the Government. He also said that an alternate financial mechanism needs to be made available to traders for easy finance to traders at reasonable rate of interest. He advised the traders to form a Traders Communication Forum through which the traders should circulate their issues and problems through media as well besides approaching the Government. Sibal assured the traders that the controversial Food Safety and Standards Act will be re-looked and “traders safety first- food safety afterwards” shall be the motto. He also assured the traders to take up the issue of Local Body Tax (LBT) in Maharashtra with Shri Prithvi Raj Chavan, Chief Minister of Gujarat.//New delhi news,  New delhi current news,  New delhi news live, New delhi breaking news, New delhi headlines, New delhi latest news, india news, world news,

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Date: 
Friday, February 28, 2014