Government in process of framing rules to regulate e-commerce sector, says Ram Vilas Paswan
6 years, 6 months ago

Government in process of framing rules to regulate e-commerce sector, says Ram Vilas Paswan

Firstpost  

While e-commerce in India is growing at an annual rate of 51 percent, the laws regulating the digital marketplaces are still evolving, Paswan said Geneva: India is in the process of framing rules to regulate the e-commerce sector, which is expected to touch $120 billion by 2020, Food and Consumer Affairs Minister Ram Vilas Paswan said on Wednesday. “The emergence of global supply chains, lowering of trade barriers, rise in international trade and the rapid development of e-commerce have enhanced the vulnerability to new forms of unfair trade and unethical business practices,” Paswan said at the 3rd Intergovernmental Group of Experts convened by the United Nations Conference on Trade and Development. Highlighting measures taken to protect consumers and their interest, Paswan said India has sustained a single-digit food inflation in the last four years and is currently within an “acceptable range” despite the rise in crude oil prices recently. Talking about sustainable development goals, Paswan said India has taken tangible steps to fully implement the SDGs and mainstream the 2030 Agenda in its national programmes.

India Paswan  paswan  regulate  development  ram  regulating  consumers  trade  process  rules  vilas  sector  framing  india  sustainable  inflation  ecommerce

History of this topic

Transforming India's Economy: The Power of Digital Public Infrastructure
2 months, 3 weeks ago

Transforming India's Economy: The Power of Digital Public Infrastructure

Live Mint  

The article highlights the importance of digitalization in transforming India's economy. It emphasizes the role of open platforms and collaboration between the public and private sectors in building a robust digital infrastructure. The government's initiatives, such as the Unified Payments Interface (UPI) and the Open Network for Digital Commerce (ONDC), demonstrate the government's commitment to fostering a digital economy.

DC Edit | E-com policy initiative welcome
1 year, 4 months ago

DC Edit | E-com policy initiative welcome

Deccan Chronicle  

The Union government’s decision to finalise the long overdue national e-commerce policy is a welcome move, which will guide one of the fast-growing sectors of the Indian economy. By offering huge discounts, the e-commerce sector has gradually transformed from a $14-billion market in 2014 to $70-billion in 2022 — a growth of five times affecting fortunes of hundreds of brick-and-mortar …

National e-commerce policy in final stages; to be presented before top-level: Report
1 year, 4 months ago

National e-commerce policy in final stages; to be presented before top-level: Report

Hindustan Times  

The proposed national e-commerce policy being formulated by the commerce and industry ministry is in the final stages and no new draft policy will be issued now for seeking views of stakeholders, a senior government official said. The Department for Promotion of Industry and Internal Trade on August 2 held a detailed discussion with representatives of e-commerce firms and a …

E-commerce surge: India to add 80 million online shoppers by 2025
1 year, 8 months ago

E-commerce surge: India to add 80 million online shoppers by 2025

Live Mint  

New Delhi: India has gained 125 million online shoppers in the past three years, with another 80 million expected to join by 2025, according to a report by marketing data and analytics company Kantar. The increasing online presence is expected to boost e-commerce sales, as 77 million shoppers purchased from social platforms such as Facebook, WhatsApp and social-commerce sites in …

India should target $350 bn exports through e-commerce by 2030; needs separate policy: GTRI
1 year, 9 months ago

India should target $350 bn exports through e-commerce by 2030; needs separate policy: GTRI

The Hindu  

India should target $350 billion worth of goods export through e-commerce by 2030 and for that the government needs to address pain points of the sector by taking steps like formulating a separate policy, a report by economic think-tank GTRI said. The Global Trade Research Initiative said the current e-commerce export provisions in India are a patchwork over the rules …

5 trends Indian Ecommerce industry can expect to see in 2023-24 and how to prepare
1 year, 9 months ago

5 trends Indian Ecommerce industry can expect to see in 2023-24 and how to prepare

India TV News  

The Indian e-commerce ecosystem underwent significant changes in 2022. E-commerce businesses should optimize their platforms for mobile users and invest in mobile app development to offer a seamless shopping experience to customers. E-commerce businesses should leverage social media to promote their products and engage with customers, as well as explore integrating social commerce features into their platforms.” “Consumers are looking …

Big Tech and the need in India for ex-ante regulation
2 years, 1 month ago

Big Tech and the need in India for ex-ante regulation

The Hindu  

The Indian anti-trust body, the Competition Commission of India ’s move, in October, to impose a penalty of ₹1,337.76 crore on Google for abusing its dominant position in the android mobile device ecosystem, has forced us, once again, to rethink the market power of Big Tech companies. The EU’s Digital Market Act and “gatekeepers” who will enforce rules and regulations …

ONDC: Why is govt betting big and how it will democratise India's e-commerce landscape
2 years, 6 months ago

ONDC: Why is govt betting big and how it will democratise India's e-commerce landscape

India TV News  

With an aim to digitise the value chain, standardise operations, promote inclusion of suppliers and enhance value for consumers, the government recently launched an initiative -- Open Network for Digital Commerce. This platform intends to create opportunities, reduce digital monopolies and help MSME and small traders get on digital platforms where businesses and consumers will be capable of carrying out …

Proposed e-commerce policy to be robust, balanced, says Piyush Goyal
3 years, 3 months ago

Proposed e-commerce policy to be robust, balanced, says Piyush Goyal

The Hindu  

Union minister Piyush Goyal on Sunday assured that every stakeholder's interest will be taken into consideration while framing the e-commerce policy which would be robust and in the interest of every Indian. Mr. Goyal, who heads Commerce and Industry as well as Consumer Affairs ministries, also said that he welcomes all the feedback on the draft e-commerce rules but comments …

India’s e-commerce regulatory contradictions: P2B regulatory blindspot
3 years, 4 months ago

India’s e-commerce regulatory contradictions: P2B regulatory blindspot

Hindustan Times  

Despite numerous statutory instruments applicable to E-marketplaces in India, the regulation of platform-to-business users relationships leaves a great deal to be desired. The rise of e-marketplaces in India Of the many emerging trends in Indian e-commerce over the past decade, a notable one is the budding popularity of ‘e-marketplaces’- online platforms that connect sellers/business users with consumers. This indispensable position …

E-commerce has a key role to play in tackling India's greatest concern: Lack of jobs
3 years, 6 months ago

E-commerce has a key role to play in tackling India's greatest concern: Lack of jobs

Firstpost  

E-commerce is providing opportunities to a new generation of digital entrepreneurs, who have been forced to start their own businesses following job losses. E-commerce is helping India achieve a more inclusive growth by creating large-scale employment opportunities, enabling first-generation entrepreneurs, skilling youth, empowering women, and formalisation and integrating MSMEs from tier-2 cities and beyond in national and global supply chains. …

Draft E-commerce Rules: Why are online retailers concerned? | The Hindu In Focus Podcast
3 years, 6 months ago

Draft E-commerce Rules: Why are online retailers concerned? | The Hindu In Focus Podcast

The Hindu  

The Consumer Affairs Ministry last month issued a set of new draft e-commerce rules that has some of the top e-commerce sites rather worried. According to the government, these rules seek to protect consumer interest, prevent unfair trade practices, and encourage fair competition. Among other things, the rules bar certain kinds of flash sales and mis-selling, and make it mandatory …

E-commerce Rules Amendments: Adding Or Stripping Away The Competition Jurisdiction?
3 years, 6 months ago

E-commerce Rules Amendments: Adding Or Stripping Away The Competition Jurisdiction?

Live Law  

The Government of India recently published certain proposed amendments to the Consumer Protection Rules, 2020 seeking public comments and suggestions. Several provisions of the Amendment Rules directly address the issues that are pending investigation before the CCI and lay down detailed regulations on the business practices of e-commerce entities: a) Definition of 'e-commerce entity': The definition of 'e-commerce entity' is …

U.S. lobby group views India's e-commerce plan as worrying
3 years, 6 months ago

U.S. lobby group views India's e-commerce plan as worrying

The Hindu  

A top lobby group that is part of the U.S. Chamber of Commerce believes India's proposed new e-commerce rules are a cause for concern and will lead to a stringent operating environment for companies, according to an email reviewed by Reuters. India this week spooked online retailers like Amazon and Walmart's Flipkart by outlining plans to limit "flash sales", reining …

Explained: Will proposed e-commerce rules do away with flash sales, boost Make In India?
3 years, 6 months ago

Explained: Will proposed e-commerce rules do away with flash sales, boost Make In India?

Firstpost  

Along the lines of the grievance officers that social media platforms are required to appoint an India, e-commerce platforms, too, will be mandated to create the roles of a chief compliance officer, nodal contact person, and resident grievance officer The e-commerce marketplace in India is already worth more than $80 billion this year and, by 2027, will have touched $200 …

EXPLAINED: Will Proposed Changes To E-Commerce Rules Do Away With Flash Sales, Boost Make In India?
3 years, 6 months ago

EXPLAINED: Will Proposed Changes To E-Commerce Rules Do Away With Flash Sales, Boost Make In India?

News 18  

The e-commerce marketplace in India is already worth more than $80 billion this year and, by 2027, will have touched $200 billion in value. But the amended rules say that such “no e-commerce entity shall organise a flash sale of goods or services offered on its platform” where such a sale is “organised by fraudulently intercepting the ordinary course of …

Policy creep: The Hindu Editorial on e-commerce and overregulation risks
3 years, 6 months ago

Policy creep: The Hindu Editorial on e-commerce and overregulation risks

The Hindu  

Barely 11 months after the Government notified the Consumer Protection Rules, 2020, the Department of Consumer Affairs has mooted a set of sweeping amendments, ostensibly “to protect the interests of consumers. Among them is a norm stipulating the appointment of a chief compliance officer, a nodal contact person for 24x7 coordination with law enforcement agencies, and another requiring e-commerce entities …

Explained: Government Proposes New E-commerce Rules, Here's What it Means for Consumers
3 years, 6 months ago

Explained: Government Proposes New E-commerce Rules, Here's What it Means for Consumers

News 18  

The central government on Monday proposed amendments to the Consumer Protection Rules, 2020 and sought public comments on banning “mis-selling” and fraudulent “flash sale” of goods and services on e-commerce platforms such as Flipkart and Amazon. The new draft rules have also proposed that every e-commerce entity which intends to operate in India must register itself with the Department for …

India should focus on job creation for balanced growth
3 years, 10 months ago

India should focus on job creation for balanced growth

Live Mint  

Budget 2021-22 was a balanced one, given the difficult circumstances the country faced. India’s unemployment rate rose to 9% in December, by data from the Centre for Monitoring Indian Economy, with around 9 million losing their jobs between September and that month. Additionally, urban job initiatives along the lines of the rural employment scheme could serve well in tackling rising …

10 Important Factors An E-Commerce Entity Must Know To Deal With The Consumers In 2020
4 years ago

10 Important Factors An E-Commerce Entity Must Know To Deal With The Consumers In 2020

Live Law  

As per ministry of communication, Govt. Who is an E-commerce entity under Consumer Protection Act, 2019 & Consumer Protection Rules, 2020? E-commerce entities where Consumer Protection Act, 2019 & Consumer Protection Rules, 2020 applies:- Marketplace e-commerce entity which provides an information technology platform on a digital or electronic network to facilitate transactions between buyers and sellers. Consumer Protection Act, 2019 …

Consumer Protection (E-commerce) Rules 2020: A Step In The Right Direction?
4 years, 5 months ago

Consumer Protection (E-commerce) Rules 2020: A Step In The Right Direction?

Live Law  

The e-commerce industry was already booming but the pandemic has impacted its growth significantly. The Consumer Protection Rules, 2020 complement the Act with regards to the protection of consumers from unfair trade practices and other practices of e-commerce platforms. However, many established and prominent companies already follow this mechanism but the idea behind this rule is to make a uniform …

Govt plans regulator to monitor online retailers, curb disputes
5 years, 2 months ago

Govt plans regulator to monitor online retailers, curb disputes

Live Mint  

India is examining the feasibility of setting up a regulatory authority to settle disputes related to e-commerce, a top government official said, amid a raging battle between big online retailers and mom-and-pop stores. “We plan to implement the policy within this financial year.” Prime Minister Narendra Modi’s administration is under pressure from small traders to act against the big online …

Opinion | Over-regulation of e-commerce could stifle its growth
5 years, 2 months ago

Opinion | Over-regulation of e-commerce could stifle its growth

Live Mint  

With sales numbers from the recently concluded e-commerce sale season belying the perceived economic slowdown, the e-commerce sector’s resilience indicates an increasingly sharper understanding of what both India and Bharat want. Kirana outlets and e-commerce can go hand in hand, and their joint strength can result in significant job creation in line with the government’s policy and skill development goals. …

Opinion | An e-commerce blueprint for India’s ‘Next Half Billion’
5 years, 4 months ago

Opinion | An e-commerce blueprint for India’s ‘Next Half Billion’

Live Mint  

By 2022, half a billion Indians are expected to come online through their mobile phones, a population we refer to as India’s Next Half Billion. Inadequate Indian language content for e-commerce is another barrier, though vernacular platforms and videos have recently emerged as the dominant mode of content consumption. To achieve this, e-commerce 2.0 players will leverage social communities and …

E-commerce guidelines to be mandatory under consumer protection law: Paswan
5 years, 4 months ago

E-commerce guidelines to be mandatory under consumer protection law: Paswan

Live Mint  

New Delhi: To protect consumer interest, the government on Tuesday said the guidelines drafted for e-commerce firms will be made mandatory under the new Consumer Protection Act and stringent action against violators will be taken by a regulatory authority. "The draft guidelines on e-commerce will be made part of the rules under the new consumer protection law. "Consumer Affairs Secretary …

Govt to come out with national e-commerce policy within 12 months, says commerce minister Piyush Goyal
5 years, 6 months ago

Govt to come out with national e-commerce policy within 12 months, says commerce minister Piyush Goyal

Firstpost  

New Delhi: The government will come out with a national e-commerce policy within 12 months to facilitate achieving holistic growth of the sector, an official said. “We will put in place an institutional framework to bring out a national policy on e-commerce within next 12 months,” the official said. The minister also stated that India wants to engage with the …

E-commerce revolutionised retail sector, will play major role in India growth story: Niti Aayog CEO Amitabh Kant
5 years, 10 months ago

E-commerce revolutionised retail sector, will play major role in India growth story: Niti Aayog CEO Amitabh Kant

Firstpost  

Kant noted that driven by the growth in India’s retail market, the country’s GDP will also witness an increase and result in more job opportunities New Delhi: E-commerce has revolutionised the retail sector in India and will play a major role in the country’s growth story going forward, Niti Aayog CEO Amitabh Kant said Tuesday. He further noted that driven …

E-commerce to play major role in India growth story: Amitabh Kant
5 years, 10 months ago

E-commerce to play major role in India growth story: Amitabh Kant

Live Mint  

E-commerce has revolutionised the retail sector in India and will play a major role in the country's growth story going forward, Niti Aayog CEO Amitabh Kant said on Tuesday. "E-commerce market has brought a revolution in India's retail sector and nobody can stop it now," he said at an event here. According to Kant, India is currently growing at over …

What are India’s new foreign direct investment rules for e-commerce?
5 years, 11 months ago

What are India’s new foreign direct investment rules for e-commerce?

Live Mint  

India late last year modified foreign direct investment rules for its burgeoning e-commerce sector that has attracted Walmart Inc and Amazon.com Inc, creating new hurdles for both global retail giants. * India allows 100 percent foreign direct investment in the marketplace model of e-commerce, which it defines as a tech platform that connects buyers and sellers. The inventory model, which …

CAIT wants govt to launch e-commerce marketplace in partnership with trade associations
6 years, 1 month ago

CAIT wants govt to launch e-commerce marketplace in partnership with trade associations

Firstpost  

CAIT demanded early announcement of an e-commerce policy and formation of a Regulatory Authority to monitor the e-commerce business in India. New Delhi: Traders’ body CAIT Thursday urged the government to launch an e-commerce marketplace portal in partnership with trade associations where small traders, artisans and women entrepreneurs can sell their products in a ‘fair and transparent manner’. The Confederation …

Traders' body CAIT writes to commerce minister Suresh Prabhu over plans to change draft e-commerce policy
6 years, 3 months ago

Traders' body CAIT writes to commerce minister Suresh Prabhu over plans to change draft e-commerce policy

Firstpost  

The Confederation of All India Traders said that the country’s e-commerce market has considerably grown in size and scale which needs a codified policy and a regulatory authority to regulate and monitor the market. Mumbai: Traders’ body CAIT on Wednesday termed the government’s reported move to drop the draft of e-commerce policy as a regressive step, and has written to …

Draft policy expects e-commerce platforms, search engines to store data locally
6 years, 5 months ago

Draft policy expects e-commerce platforms, search engines to store data locally

Firstpost  

The draft has been criticised in some quarters, prompting the commerce ministry to tweet on Saturday that “another round of consultation with stakeholders” will be done to address their concerns. New Delhi: A draft e-commerce policy wants online retailers such as Amazon.com, search engines like Google and social media platforms to locally store data generated by users in India, with …

India reviews draft e-commerce policy after criticism
6 years, 5 months ago

India reviews draft e-commerce policy after criticism

Live Mint  

India is reworking proposed e-commerce rules after a draft, which had signalled a shift toward boosting domestic startups, sparked criticism, according to people familiar with the matter, who asked not to be identified as the discussions are private. Commerce minister Suresh Prabhu tweeted on 11 August that his ministry had received a “few concerns” on the draft e-commerce policy and …

What draft e-commerce policy means for India’s retail sector
6 years, 5 months ago

What draft e-commerce policy means for India’s retail sector

Live Mint  

New Delhi: Just a day before her retirement on 31 July, commerce secretary Rita Teotia tabled the draft e-commerce policy before a panel headed by commerce and industry minister Suresh Prabhu. The draft e-commerce policy, which effectively seeks to regulate all aspects of online retail and recommends strict restrictions, including curbs on discounts, may impact not just e-commerce companies, but …

How India plans to regulate e-commerce
6 years, 5 months ago

How India plans to regulate e-commerce

Live Mint  

The government is planning to bring in an e-commerce law and a sector regulator to effectively deal with all aspects of online retail. A national e-commerce policy will also enable better negotiations on multilateral issues with the World Trade Organization. The draft e-commerce policy proposes that all discounts offered by large e-commerce firms be phased out within two years to …

Discover Related