Huawei and ZTE Corporation of China should be banned from participating in 5G network rollout in India.
The panel has been set up to conduct a detailed probe into the data-sharing practices of these apps, including TikTok and WeChat.
The body said investment in Indian start-ups such as Ola, Flipkart, Paytm Mall, Paytm.com, Swiggy, OYO, Zomato, Policybazaar, etc needs a thorough evaluation.
The traders' body recently launched a national campaign titled 'Bhartiya Samaan-Hamara Abhimaan' to boycott Chinese goods.
CAIT also requested to meet Lieutenant-Governor Anil Baijal regarding the problems faced by city traders since the opening of the markets after almost two months of coronavirus triggered lockdown.
It said that the marketplace will integrate capabilities of various technology companies to provide end-to-end services in the logistics and supply chains from manufacturers to end consumers.
The move, according to CAIT, will not only end the trend of deep discounts by e-commerce platforms bringing parity in prices of online and offline markets.
The practice of pricing products at such low levels, which other firms cannot compete and, thus, forces them to leave the market, is known as predatory pricing.
CAIT asks finance minister to probe business model of e-tailers, says deep discounts causing GST loss
According to the traders' body, under the GST Act, the government has the power to determine the actual market value of the products if it appears that it is under billed.
It claimed that such a deal will ?encourage malpractices, loss funding and predatory pricing in e-commerce?
It is really unfortunate that in spite of having a clear FDI policy, foreign companies are finding an escape route, whether it is in retail or e-commerce, CAIT said in a statement.
CAIT has said that they have not used the word ‘condom’ on their banner but the intention is very clear as the combination of words like ‘play’, ‘love’ and ‘Navratri’ are coined above the logo.