CAIT writes to Piyush Goyal, seeks action against quick commerce firms

The Confederation of All India Traders (CAIT) representing 70 million traders has written to Union Commerce Minister Piyush Goyal, drawing his attention to the alleged violations of laws and regulations by quick commerce (qcom) companies.

In its letter, the CAIT alleged how these firms are misusing foreign investments to distort the country’s retail market, creating major threats to small shopkeepers. The CAIT had earlier released a white paper on this issue, a copy of which has also been sent to the minister. The organisation is now sending the white paper along with a letter to the chief ministers of all states.