Question : A ‘purely Indian’ E-Market portal called ‘Bharat e Market’ will be launched by which organization?
a) Federation of Indian Chambers of Commerce & Industry (FICCI)
b) Associated Chambers of Commerce and Industry of India (ASSOCHAM)
c) Confederation of All India Traders (CAIT)
d) None of the above
Ans: c)
Context
- On 10 March 2021, Traders’ body Confederation of All India Traders (CAIT) launched a vendor onboarding mobile app for its upcoming e-commerce portal ‘Bharat e Market’.
Facts
- This app for Bharat e Market will enable businesses and service providers to register on the portal and create their own “e-dukaan”.
- CAIT has said that its app is ‘purely Indian’.
- The traders’ body aims to onboard 7 lakh traders on the portal by December this year and 1 crore traders by December 2023.
- CAIT has accused foreign e-commerce companies, of violating the country’s FDI policy norms — a charge denied by the firms.
By kameshwar shukla