US decision to terminate preferential trade status an attempt to 'bully' India: SJM
Terming the Trump administration's decision to end preferential treatment to India an attempt to "bully" the country, RSS-affiliate Swadeshi Jagran Manch (SJM) Sunday claimed that the US wants India to tweak its policies in interest of Walmart and Amazon.
The US has said it will withdraw incentives to Indian exporters provided under its Generalized System of Preferences (GSP) programme with effect from June 5.
"What the US is trying to do is bully India on certain issues where India cannot take a decision in favour of the US," SJM co-convener Ashwani Mahajan said.
US retail giant Walmart is trying to enter India in a big way after acquiring majority stake in e-commerce firm Flipkart, while another US-based e-commerce major, Amazon, has already acquired a big market in the country.
Both these multi-national companies are "apparently upset with our government's e-commerce policy", Mahajan said.
The new e-commerce regulations, which came into effect earlier this year, bar online ...