Un­rest grow­ing against e-tail

CRN - - SHADOW RAM -

The un­rest among brick-and-mor­tar re­tail­ers against on­line re­tail­ers is grow­ing. The chan­nel as­so­ci­a­tion of Ker­ala re­cently met the state fi­nance min­is­ter and high­lighted how on­line re­tail was neg­a­tively im­pact­ing the states’ tax and rev­enue col­lec­tions.

Re­port­edly the fi­nance min­is­ter has agreed to study the rev­enue loss to the state trea­sury and as­sured the del­e­ga­tion that if the re­port in­di­cates sub­stan­tial rev­enue loss, it will bring a leg­is­la­tion against on­line re­tail.

An­other big cam­paign against e-tail­ers has been started by an on­line group Wewil­lact.com which aims to spread aware­ness on the im­pact of on­line re­tail on small traders and the coun­try’s econ­omy.

“We feel that many of the on­line re­tail­ers in a bid to ac­quire more mar­ket­share are dis­count­ing the prod­uct mar­gins, which is af­fect­ing the MOP. We have lodged a for­mal com­plaint with the Com­pe­ti­tion Com­mis­sion of In­dia. We have also asked for in­for­ma­tion un­der the RTI Act on the raids con­ducted by en­force­ment of­fi­cials on leading e-tail­ers ear­lier this year,” in­formed Hari Ras­togi, Founder, Wewil­lAct.com and CEO, Lap­top­wale.

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