A resolution passed at the SJM’s national convention has also sought a Central Bureau of Investigation (CBI) probe into the operations of Amazon, Flipkart and other e-commerce companies. It says that they are doing business in open violation of Foreign Direct Investment (FDI) norms.
According to the resolution passed at the 15th National Conference of the SJM in Gwalior, FDI in multi-brand retail business is under several restrictions and foreign companies cannot do business here on the inventory-based model. Apart from this, they are also prohibited from reducing the prices too much. But Amazon and Flipkart are openly violating these provisions.
Swadeshi Jagran Manch claimed that Amazon is trying to make inroads in its e-commerce business as well as traditional retail business. According to him, Amazon’s investment in the Shoppers Stop and More retail chains is a step in that direction.
The RSS-affiliated organization said, “Amazon has spent Rs 9,788 crore on legal and professional fees in just three years. Insiders say that the money shown in these items is being used to bribe officials in India. This proves that all such e-commerce companies have obtained licenses and approvals by adopting wrong practices.
Terming it as a very serious matter, the National Assembly of SJM said, “All approvals given to these companies should be withdrawn and their activities should be declared illegal.” A CBI inquiry should be conducted into this case and the beneficiaries should be sent on leave till they are identified. Along with this, if found guilty, they should also be punished.