TRADERS TO PROTEST AGAINST WALMART-FLIPKART DEAL ON JULY 2

Traders’ body CAIT on Monday said it will hold protests at 1,000 places across the country on July 2 against US retail giant Walmart’s proposed acquisition of 77 percent stake in home-grown retailer Flipkart in a $16 billion deal.

The Confederation of All India Traders (CAIT) took the decision on Monday at its two-day National Governing Council meeting at Ahmedabad.

CAIT will also press forward their demand for simplification of GST, the abolition of personal income tax and provision of pension for all businessman and traders.

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