India, May 6 -- https://tehelka.com/media/2025/05/Online-shopping-in-India-.jpg
Recently the Confederation of All India Traders (CAIT) demanded a luxury tax on purchases made through e-commerce and quick commerce platforms. Seconding with CAIT, experts said that a balanced approach is needed to tackle the issue.
Speaking to Tehelka, Mukul Goyal, Co-Founder of Stratefix Consulting said, "CAIT's concerns about e-commerce and quick commerce platforms undercutting small traders are valid, given that 10 lakh shops reportedly closed in two years.However, these platforms also enable 30 per cent of D2C brands to reach urban consumers."
"A balanced approach is needed: enforce existing FDI policies to prevent predatory pricing while recognising th...