Traders' body says e-tail sites flouting FDI policy

The Confederation of All India Traders (CAIT) on Monday alleged that e-commerce portals are "openly flouting foreign direct investment (FDI) policy", and said it may move the court if no action is taken by the government against them.

In a statement, CAIT said it expresses "deep anguish and resentment for the lethargic attitude of the government for not taking any action against e-commerce portals for openly flouting FDI policy of the government in spite of making written complaints”.

CAIT also sent a communication to Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek, saying "if no action is taken by the