×

UPSC Courses

DNA banner

DAILY NEWS ANALYSIS

  • 03 May, 2020

  • 2 Min Read

‘BHARATMARKET’ for retail traders

‘BHARATMARKET’ for retail traders

CAIT said the marketplace will integrate the capabilities of various technology companies to provide end-to-end services in the logistics and supply chains from manufacturers to end consumers, including deliveries at home. The e-commerce portal will include nationwide participation by retailers and aims to bring 95 per cent of retail traders on board the platform, who would exclusively run the portal.

The initiative has had the active support and guidance from the Ministry of Commerce and Industry, as they see this as an effective way to get essential commodities to consumers during the lockdown period and within containment zones. CAIT National President BC Bhartia said the trader's body is looking to enrol about one crore retailers on this e-marketplace in 2020 and make it the world's largest and most unique e-marketplace.

About CAIT

Appraisal of post-independent situation of India, in particular with regard to the plight of traders, revealed that their problems in a broad way were attributed to the following factors:

  • Trading activity was governed by manifold Acts, Bye-Laws and Regulations enacted by the Central Govt., State Govt. & Local Bodies
  • Some of the Acts which were formulated by the British Govt. and which have been rendered outdated in the face of prevailing ground realities, continue to be enforced
  • Intricacies of laws appreciation of which is beyond the capacity of a Trader of average knowledge, particularly self-employed Trader because of constraints, means and limitations
  • Difficulty in seeking redressal of genuine grievances because of lack of strong lobby of Traders
  • Lethargic attitude of the govt. in recognizing the vital role being played by the Trading community in the field of economy of our Country. Besides notable contributions at the time of any natural crises and various philanthropic activities related to welfare of people

Source: AIR


Formation Day

On 1st November, eight Indian states—Andhra Pradesh, Chhattisgarh, Haryana, Karnataka, Kerala, Madhya Pradesh, Punjab, and Tamil Nadu—along with five Union Territories—Andaman and Nicobar Islands, Chandigarh, Delhi, Lakshadweep, and Puducherry—celebrate their Formation Day. This date marks an important milestone in India

Turtle (Kachhua) Wildlife Sanctuary

The Turtle Wildlife Sanctuary, also known as the Kachhua Sanctuary, is located in the Varanasi district of Uttar Pradesh. It is recognised as India’s first freshwater turtle wildlife sanctuary, established to conserve endangered turtle species and support the ecological health of the Ganga River. Location and Extent The sanctuary co

Introduction of AI and Computational Thinking (CT) in

The Ministry of Education plans to introduce Artificial Intelligence (AI) and Computational Thinking (CT) from Class 3 onwards in the 2026–27 academic year. This initiative is part of the National Curriculum Framework for School Education (NCF-SE) 2023 and aligns with the National Education Policy (NEP) 2020. The aim is to prepare student

Sal Tree

Scientists from the Environment Department of Himachal Pradesh University (HPU) in Shimla have recently revealed that the Sal tree (Shorea robusta) is the most effective natural air purifier for combating rising pollution levels. Their findings highlight the tree’s superior capacity to trap dust, absorb gases, and cleanse the air compared

US Resumes Nuclear Weapon Testing

The President of the United States has ordered the resumption of nuclear weapon testing after a gap of 33 years, the last test being in 1992. This decision marks a significant shift in global nuclear policy and has far-reaching implications for geopolitics, the environment, and international security. Status of Global Nuclear Weapon Testing

DNA

03 Dec,2025

Toppers

Search By Date

Newsletter Subscription
SMS Alerts

Important Links

UPSC GS Mains Crash Course - RAW Prelims Answer Key 2024