Business
Government likely to come out with draft e-commerce policy soon
New Delhi, Aug 3
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.
2 hours ago
Hema Malini, daughter Esha Deol seen with folded hands after Dharmendra’s cremation
2 hours ago
Ajay Devgn pays emotional tribute to late Dharmendra: Lost someone who shaped the very soul of our cinema
2 hours ago
Manish Malhotra mourns the death of Dharmendra: Huge loss to Indian cinema
2 hours ago
Kajol mourns Dharmendra’s loss: The OG of the Good Man is gone
2 hours ago
Indian team leaves for Santiago for Women’s Jr Hockey World Cup
2 hours ago
Pranjali Prashant Dhumal bags 25m pistol gold in Deaflympics
2 hours ago
World Tennis League announces star-studded lineups ahead of India debut
2 hours ago
2nd Test: Washington-Kuldeep take India to 174/7, but follow-on cloud looms large for India
2 hours ago
PM Modi congratulates India’s World Boxing Cup Finals medal winners
2 hours ago
PM Modi congratulates Team India for Women’s Blind T20 World Cup win
2 hours ago
Indian firms lead AI optimism globally, 93 pc expect positive returns in 3 years
2 hours ago
India's capex landscape reflects signs of optimism so far this fiscal: Report
2 hours ago
Gold prices slide 1 pc on MCX as Fed Rate cut hopes fade
