The Confederation of All India Traders (CAIT) has called on Union Commerce Minister Piyush Goyal to address alleged illegal practices by quick commerce platforms like Blinkit, Instamart, Zepto, and Swiggy.
What’s the Issue?
According to CAIT, these platforms misuse foreign investments to disrupt the retail market, creating unfair competition for small shopkeepers. This threatens the livelihood of over 30 million grocery store owners across India.
Key Concerns Raised by CAIT:
- Unfair Practices: These companies are accused of controlling inventory, dominating suppliers, and offering steep discounts to eliminate small local shops.
- Violation of Laws: CAIT alleges that these platforms are breaking rules related to Foreign Direct Investment (FDI) and the Competition Act.
- Misuse of Funds: Instead of investing in infrastructure, the platforms reportedly use FDI funds to cover losses, set up unauthorized "dark stores," and engage in unfair trade practices.
CAIT’s Plan of Action
To address these concerns, CAIT has:
- Written to Piyush Goyal urging strict enforcement of e-commerce rules to ensure fair competition.
- Planned a two-day seminar in Delhi on January 6-7 to discuss the challenges posed by quick commerce.
- Scheduled a meeting with the minister to seek immediate intervention.
A Call for Fairness
This move aligns with Piyush Goyal's recent statement encouraging quick commerce platforms to collaborate with local kirana stores for a more inclusive and balanced retail ecosystem.
CAIT hopes for stronger government action to protect small shopkeepers and create a level playing field in India’s retail market.
