Amazon, Flipkart linkage with small traders necessary for e-commerce growth: Amitabh Kant

Niti Aayog CEO Amitabh Kant today called for linkage between e-commerce giants Amazon and Flipkart, and small traders for e-commerce growth. Amitabh Kant was speaking at an event organised by traders’ body Confederation of All India Traders (CAIT). His comments come a month after the government launched the revised FDI policy for e-commerce companies backed by foreign investors and operating as a marketplace in India to ensure there is no favouritism to select sellers in which they have equity stakes.

The linkage of Amazon and Flipkart with small traders is all the more necessary. They should do business by helping evolve small traders as they have capital and resources except for the network that traders’ have. So if there is a linkage it wil be good for the Indian economy, CAIT’s Secretary General Praveen Khandelwal told Financial Express Online citing Amitabh Kant as saying.