#Budget2019 has Disappointed The Trading Community: CAIT

On Feb 1, 2019

The Union Budget though seems to be overall good has utterly neglected the trading community and it has highly disappointed the traders of the Country-said the Confederation of All India Traders (CAIT).

CAIT National President Mr. B.C.Bhartia & Secretary General Praveen Khandelwal said that every other section of the economy has been given relief in the budget except the trading community which is the backbone of the economy.

After renaming DIPP as Department for Promotion of Industry and Internal Trade and giving no extension to FDI policy in e commerce, the traders were hopeful that they will get due attention in the Budget but with totally left out from the Budget, the traders feel aggrieved.

However, the CAIT has said that it will send a fresh memorandum to Prime Minister and Finance Minister urging them to take care of the trading community.