Modi government to take action against Chitfund Company - IDSA
The Indian Direct Selling Association (IDSA),
an organization of direct selling companies delivering the product directly without retail stores to the consumers, welcomes the new government of Narendra Modi, who is going to be formed in the center. It is hoped that the Modi government is fake Will take action against the company and will look into the difficulties faced by the fraudulent company.
IDSA Secretary General CHAVI Hemanth said that we welcome the new government. And expect from the new government that it will work towards the direction of the direct selling industry for the development of the country.
With this, IDSA chairman Amarnath Sengupta said that the biggest challenge at this time is that government agencies have failed to take action against operators running fraud schemes everywhere in the name of direct selling and multi-level marketing.
Apart from this, Amarnath Sengupta has said that due to the government rule of operation and the legal system of operation for this business will accelerate the industry, as well as help in attracting foreign investment.
You can tell that according to a recent published report of IDSA, the direct sales turnover in the country rose by 12.2 percent to Rs. 7164.1 crore, from 2012 to 2013. And in the unorganized sector companies, 444 million rupees are included in the business.
IDSA Secretary General CHAVI Hemanth said that we welcome the new government. And expect from the new government that it will work towards the direction of the direct selling industry for the development of the country.
With this, IDSA chairman Amarnath Sengupta said that the biggest challenge at this time is that government agencies have failed to take action against operators running fraud schemes everywhere in the name of direct selling and multi-level marketing.
Apart from this, Amarnath Sengupta has said that due to the government rule of operation and the legal system of operation for this business will accelerate the industry, as well as help in attracting foreign investment.
You can tell that according to a recent published report of IDSA, the direct sales turnover in the country rose by 12.2 percent to Rs. 7164.1 crore, from 2012 to 2013. And in the unorganized sector companies, 444 million rupees are included in the business.

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