: Traders oppose retention of Chinese sponsors by BCCI #FinanceIndia #StockMarketNEWS Traders oppose retention of Chinese sponsors by BCCI New Delhi, Aug 4 (KNN) The Confederation of All India

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Traders oppose retention of Chinese sponsors by BCCI #FinanceIndia #StockMarketNEWS
Traders oppose retention of Chinese sponsors by BCCI New Delhi, Aug 4 (KNN) The Confederation of All India Traders (CAIT) has opposed the decision of the Board for Cricket Control in India (BCCI) to retain Chinese company Vivo as the title sponsor for the Indian Premier League (IPL) to be held in Dubai.

In a letter to Home Minister Amit Shah, traders body has demanded that the government should not give approval to BCCI for holding the IPL event.

CAIT, which is spearheading a national movement for boycott of Chinese goods in India, requested the home minister to take immediate cognisance of the issue and do not give any permission to BCCI for holding IPL in India or in Dubai or anywhere else”, said the body in a statement on Monday.

Apart from the Home Minister, the traders’ body has also sent a letter to External Affairs Minister S Jaishankar regarding the same.

“At a time when China’s aggression on the Indian border last month gave much rise to the sentiments of people of India against China and the Union government…is espousing (Prime Minister Narendra Modi’s) call for Vocal for Local and Aatmanirbhar Bharat, the decision of the BCCI runs contrary to broad policy of the government,” said CAIT Secretary General Praveen Khandelwal.

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