RSS-affiliate Swadeshi Jagran Manch wants Govt. to ban Flipkart, Amazon, eBay, others in India

The Rashtriya Swyamasevak Sangh (RSS) is reportedly in favor of banning e-tailers like Amazon, eBay and Flipkart in India as the economic wing of the saffron outfit thinks that such ventures are a threat to Prime Minister Narendra Modi’s ‘Make in India’ scheme, reports Deccan Chronicle.

According to reports, leaders of the RSS-affiliate Swadeshi Jagran Manch think that foreign sites like Amazon are “killing domestic players in the Indian market”. It even wants a ban on Indian e-tailers such as Flipkart, which have high foreign fund infusion. A top SJM functionary said that FDI in e-commerce should be prohibited by law. Leaders of the outfit had reportedly met the finance minister on the issue to ask him to “plug loopholes in the law.”

In the last few years, Indian e-commerce companies have attracted huge amount of investments. According to data from Venture Intelligence, a research service focused on private equity, and venture capital in India, $273 million was pumped into e-commerce ventures in 2012, $540 million in 2013 and $240 million through April 2014.


Indian laws do not allow FDI in e-commerce sites that sell products to customers directly, but they allow FDI in market places that link sellers and buyers.

"Swadeshi Jagran Manch demands that the government comes out with a white paper on FDI," its national convener Ashwani Mahajan told PTI.

"FDI is not a panacea of all ills. It is not a solution for all problems. FDI has done bad and good to the economy. There have been more outflows than inflows of FDI. In 2013-14 alone while there has been 21.5 billion USD inflows, there has been an outflow of 34.4 billion USD," Mahajan said.

Share this:

About Jessica Priston

Ut tellus dolor, dapibus eget, elementum vel, cursus eleifend, elit. Aenean auctor wisi et urna. Aliquam erat volutpat. Duis ac turpis. Integer rutrum ante eu lacus. Vestibulum libero nisl, porta vel, scelerisque eget, malesuada at, neque. Vivamus eget nibh. Etiam cursus leo vel metus. Nulla facilisi. Aenean nec eros.

  • Website
  • Google+
  • Rss
  • Pinterest
  • Instagram
  • LinkedIn
  • Vimeo
  • Youtube
  • Flickr
  • Email

Related News

  • Cashback site Cashkaro now offers restaurant discounts

    India’s e-commerce market looks large and lucrative enough from the outside, but insiders know it is very challenging. In fact, the number of e-commerce sites and businesses is growing so fast here today that the competition is cut-throat. This

  • What is Viscose Material? Advantage and disadvantage of viscose.

    Viscose is a unique form of wood cellulose acetate used in the nnmanufacture of a number of different products. This includes items for nnthe medical industry, though it is perhaps most common as a major nningredient in the production of the fabric r

  • Honda launches new CBR 250R bike
    Honda launches new CBR 250R bike
    July 01, 2014 5:50 am

    New Delhi: Honda Motorcycle & Scooter India (HMSI) launched a new edition of its global sports performance bike CBR 250R priced between Rs 1.56 lakh and Rs 1.86 lakh (ex-showroom Delhi). The 2013 edition CBR 250R is available for sale across a

  • Zara has opened store at Ambience mall, Gurgaon

    Zara, has opened its new store at Ambience mall, Gurgaon. Spread over 28,000 sq.ft. across two floors the store has taken the space earlier occupied by Debenhams. With this Zara now has twelve stores in India. It is present in 86 countries with