Jeff Bezos-Owned Washington Post Slammed by Government Over Editorial Policies

Andrew Cummings
January 19, 2020

Amazon's founder, Jeff Bezos, has pledged to invest $1 billion in small businesses in India, despite a growing backlash against the online retailer by the country's powerful local traders. If you look at the context of my statement, I said investment should come within the law and regulations.

"So, it is not as if they are doing a great favour to India when they invest a billion dollars", he said.

During a three-day visit to India, where Amazon has its sights set on dominating the burgeoning e-commerce market, Bezos laid out his ambitious plans for Amazon's investment in India over the next five years, including helping to digitise millions of small businesses.

"This initiative will use Amazon's global footprint to create $10bn in Indian exports by 2025", said Bezos, who was speaking at a summit for small businesses in Delhi, organised by Amazon as part of the company's attempt to woo the country's powerful retail lobby.

The jobs will be across industries, including information technology, skill development, content creation, retail, logistics, and manufacturing, and are in addition to the 700,000 jobs Amazon's investments have enabled over the last six years in India. "This process is followed across the world", the minister told reporters here when asked to comment on his statement.

". Secondly, they may have put in a billion dollars but then, if they make a loss of a billion dollars every year, they will jolly well have to finance that billion dollars", he replied to a question during a panel discussion at the event.

Amazon and Walmart owned Flipkart are facing mounting criticism from India's brick-and-mortar retailers, which accuse the USA giants of violating Indian law by racking up billions of dollars of losses, to fund deep discounts and discriminating against small sellers.

"The Commerce Minister should snub more people to boost Imports and Exports".

Jeff Bezos' letter posted on the homepage of on Friday.

In remarks made to Reuters, Chauthaiwale, who heads the party's foreign affairs department, said there was "a lot of problem" with the newspaper's coverage of India, but did not give any specific examples. "The Washington Post editorial policy is highly biased and agenda driven", he said.

"I am not opposing Amazon as a company, in fact I am a regular customer", Chauthaiwale told Reuters.

Bezos' visit comes at a time when the Competition Commission of India (CCI) has ordered an investigation into alleged malpractices by Amazon India and Flipkart insofar as deep discounting and preferred selling of mobile phones are concerned.

Amazon founder and Chief Executive Officer Jeff Bezos held a closed-door meeting with top industry honchos during the third day of his visit in Mumbai on Friday, CNBC TV 18 reported.

Other reports by iNewsToday