Bharat e-Market App: The Confederation of All India Traders (CAIT) has launched the Vendor Onboarding Mobile App. Neither any foreign investment will be accepted for the portal nor any Chinese goods be sold on it.
- The desi e-market mobile app has come to compete with Amazon and Flipkart.
- No commission on business transactions will be charged on the Domestic portal.
- No Chinese goods will be sold on the domestic portal.
CAIT, an organization of 8 crore businessmen and more than 40 thousand trade associations, has launched the app for its upcoming e-commerce portal ‘Bharat e Market‘. Through this app, all business and service providers will be able to register themselves on the portal and open their e-Shop.
According to CAIT National President BC Bharati:
Under PM Modi’s ‘Vocal for Local’ and ‘Aatmanirbhar Bharat’, CAIT has created a Swadeshi Bharat e-market portal that will provide B2B and B2C business opportunities.
Business organization CAIT said that India’s e-market is completely indigenous and will cater to all the rules and regulations.
“Apart from this, no commission will be charged for business transactions while on other e-commerce platforms a commission of 5-35 percent has to be paid”.
No Chinese goods will be sold on the Bharat e-Market App
CAIT has been continuously accusing foreign e-commerce companies of violating India’s FDI policy for some time. However, foreign companies say that they have not violated any Indian law.
No foreign investment will be accepted for this portal and the data of its users will remain safe in the country. Apart from this, no Chinese goods will be sold on this portal.
“Khandelwal says that products of women entrepreneurs, artisans, and craftsmen will be given prominence on the Swadeshi portal”.
CAIT has targeted to add 7 lakh traders to the portal by December 2021 and 1 crore by December 2023. More than 40 thousand trade associates from all over the country will play an important role to connect these traders with the domestic portal.
According to Khandelwal, other e-commerce portals charge huge commission in business transactions on their portals, that make the products expensive, but in this application due to no commission, users will get products at a very reasonable price
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