Network marketing ( Chain system ) janapratinidhi andolan.
We have initiated this andolan against entire system of Indian government where everyone is going to close the long running business of such companies like PEERLESS, SAHARA, PAN CARD INDIA LIMITE, PEARLES INDIA LIMITED, BNP INDIA PVT LTD, MAITREYA GROUP OF COMPANIES etc. Basically these all companies were doing there business in the concept of growing rural India and introducing employment for all literate / illiterate ppl and it has power of pulling money from the all level’s and at the end it is helping to increase the economy of India itself bcz at the end whatever business they pull from the market, all business gets credited in the bank only and hence it helps increasing economy of India.
Total more than 2 cr ppl are dependent with this sector because it has started running with registering under ROC act but now SEBI comes in picture at the middle when these companies already ran their brand more then 5-10 years in the market and SEBI doing injustice by claiming these companies are doing CIS and trying to close the entire companies.
Here we all pratinidhies of such companies are unemployed now and our simple question here is why government has took 15-20 years to declare such sector as illegal ?? And what was our fault if there is no any act available at the start of such companies for us in the market because if you see there is no any amendments in CIS which is related to chain system and commission stratucre for pratinidhies who are actually doing these business under any of company name !
And now after running such companies for many years, no one has rights to close these system in any point instead government can accommodate this system in any of existing act or can make new act like seperate IRDA act is there for insurance sectors and help to save everyone’s life / employment of daily wages and to run this business in India successfully because this has already successfully running in Australia and New Zealand.
If government will not listen this true point now then ultimately we are going initiate our voice at all level via these 2 cr people’s 🙏