Today: 10 March 2025
4 August 2023
1 min read

Much awaited e-commerce policy soon

Commerce Minister Piyush Goyal on Wednesday held final round of consultations with industry players…reports Asian Lite News

The government is likely to come out with the draft of the much awaited e-commerce policy soon.

The prospects of the policy being unveiled soon looked brighter as Commerce Minister Piyush Goyal on Wednesday held final round of consultations with industry players like Amazon, Flipkart, and Tata Digital among others.

Consumer Affairs Secretary Rohit Kumar Singh and Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh were also present in the meeting.

Key issues like predatory tactics adopted by big industry players, deep discounting and distinction between inventory-led e-commerce platforms and marketplaces, were discussed in the meeting, sources said.

Encouraging digitisation of small and medium enterprises and whether to keep fallback liability on e-commerce platforms, were some other issues which came up for discussion during the consultations, they added.

There was unanimity in the meeting that the e-commerce policy should be brought as soon as possible along with changes in the Consumer Protection Act, in the light of growing e-commerce industry and changing market dynamics, sources said.

ALSO READ: How realme empowering localisation in India

Previous Story

Education ministry launches study in India portal

Next Story

Reliance jumps 16 places in Fortune’s Global 500

Latest from Business

Bitcoin Plunges as Market Faces Series of Shocks

This hacking incident has heightened concerns over the security and stability of cryptocurrencies, leading to a loss of confidence among traders and investors The price of Bitcoin has experienced a significant drop,

Lulu Add News Store at Satwa 

Majid Saqer Almarri, CEO of Dubai Land Department inaugurated the new hypermarket in the presence of Yusuff Ali M.A., Chairman of Lulu Group and other dignitaries.  Lulu has officially opened the doors
Go toTop

Don't Miss

US holiday e-commerce sales growth slows down: Report

US e-commerce sales expanded at a much slower pace in

Lockdown fuels growth of E-commerce, OTT, gaming

E-commerce, OTT, gaming saw over 100% growth in 2020. The