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 world on data and e-commerce issues “but there has to be reciprocity”, the official said. Flipkart Chief Executive Officer Kalyan Krishnamurthy in a statement said the company appreciates the government’s efforts to “engage in a candid, positive and progressive discussions aimed at creating a vibrant e-commerce market and Digital India”.

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History of this topic

Govt plans national e-commerce policy as smartphone proliferation aides to industry growth
1 year, 2 months ago

Govt plans national e-commerce policy as smartphone proliferation aides to industry growth

India TV News  

The e-commerce industry has been on an upward growth trajectory, all thanks to their unique growth strategy which led to mass adoption. In its bid to democratise the e-commerce industry, the Modi government is working on a national e-commerce policy. The Department for Promotion of Industry and Internal Trade had in August held a detailed discussion with representatives of e-commerce …

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 …

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 …

DPIIT mulls national retail policy for ease of doing biz, digital push
4 years, 1 month ago

DPIIT mulls national retail policy for ease of doing biz, digital push

Live Mint  

The department for promotion of industry and internal trade is fine-tuning a discussion paper on formulating a national retail policy for the country. The discussion paper covers several dimensions to formulate a retail trade policy, including ease of doing business, regulatory reforms, upskilling of the workforce within the sector and enabling retail traders to be more digitally adept. CII, along …

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. …

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

Govt to come out with national e-commerce policy within 12 months

Live Mint  

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 government in February released the draft national e-commerce policy proposing setting up …

Government to come out with national e-commerce policy within 12 months
5 years, 6 months ago

Government to come out with national e-commerce policy within 12 months

India TV News  

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 government in February released the draft national e-commerce policy proposing setting up …

Data of consumers should be used for benefit of local economy: Indian e-commerce players
5 years, 6 months ago

Data of consumers should be used for benefit of local economy: Indian e-commerce players

India TV News  

Indian e-commerce companies on Monday flagged issues pertaining to the safety of data of Indian users stored abroad and said such information related to consumers in the country should benefit the local economy. Senior officials of various digital commerce companies - who met Commerce and Industry Minister Piyush Goyal on Monday - also raised concerns over instances of non-compliance with …

Draft e-commerce policy 'inimical' to govt's $1 trillion digital economy goal, will bring down FDI flows: IAMAI
5 years, 9 months ago

Draft e-commerce policy 'inimical' to govt's $1 trillion digital economy goal, will bring down FDI flows: IAMAI

Firstpost  

IAMAI was also of the view that “the process of making the policy itself was less than inclusive and open” as compared to recent national-level policies New Delhi: Industry body Internet and Mobile Association of India Monday said the draft e-commerce policy may be “inimical” to the government’s efforts of building a trillion-dollar digital economy by 2022, and is likely …

DPIIT starts analysing stakeholders' views on draft e-commerce policy as deadline for sending comments ends today
5 years, 9 months ago

DPIIT starts analysing stakeholders' views on draft e-commerce policy as deadline for sending comments ends today

Firstpost  

New Delhi: The Department for Promotion of Industry and Internal Trade has started analysing the comments and suggestions received from stakeholders on the draft national e-commerce policy as the deadline for sending comments ends on Friday. The DPIIT, sources said, does not intend to extend the deadline for seeking views on the draft e-commerce policy. The draft has proposed setting …

Highlights of Draft E-Commerce Policy
5 years, 10 months ago

Highlights of Draft E-Commerce Policy

Live Law  

On February 24, 2019, the government released the much awaited draft national e-commerce policy. The primary focus of the draft policy is centralisation of data arising in India and promotion of its use for the country's development. Restrictions on Cross border flow of Data Stricter restrictions are sought to be brought in through the draft policy on the cross border …

New FDI norms for e-commerce: Comprehensive policy applicable to foreign, domestic players need of the hour
5 years, 11 months ago

New FDI norms for e-commerce: Comprehensive policy applicable to foreign, domestic players need of the hour

Firstpost  

It could be difficult for the e-commerce players to rely on small/medium scale individual players for large scale deliveries. In other words, a vendor can only sell 25 percent of its total goods by value to a single e-commerce player. • E-commerce players need to engage equally with all vendors listed on its platform and not provide special benefits to …

E-commerce norms should treat domestic, foreign players equally to boost the industry: CUTS International
6 years ago

E-commerce norms should treat domestic, foreign players equally to boost the industry: CUTS International

Firstpost  

It said the government should frame a comprehensive national e-commerce policy to provide a level playing field to domestic and foreign e-retail companies New Delhi: Rules for the e-commerce sector should treat both domestic and overseas players equally to boost the fast-growing industry, research and advocacy firm CUTS International said Sunday. It said the government should frame a comprehensive national …

CAIT exhorts Suresh Prabhu not to revise FDI policy to the advantage of big e-comm firms
6 years ago

CAIT exhorts Suresh Prabhu not to revise FDI policy to the advantage of big e-comm firms

Live Mint  

New Delhi: Traders’ body CAIT Thursday asked the government not to bring in changes in the FDI policy on e-commerce that could give an upper hand to big players in the sector. The government last month announced changes to FDI policy for e-commerce sector, which would put an end to the barrage of discounts and cashback offers by online platforms …

What new FDI guidelines mean for the e-commerce ecosystem
6 years ago

What new FDI guidelines mean for the e-commerce ecosystem

Live Mint  

Last week saw the government launching stricter guidelines that govern foreign direct investment in e-commerce firms. The revised FDI policy issued last week explains certain principles laid down in a 2017 circular on the operations of online market places, wherein 100% foreign direct investment, or full foreign ownership is allowed. The new norms bar exclusive tie-ups between e-commerce firms that …

Commerce and industry ministry drafting new e-commerce policy to boost online retail sector: DIPP secretary
6 years ago

Commerce and industry ministry drafting new e-commerce policy to boost online retail sector: DIPP secretary

Firstpost  

The draft had suggested to introduce a pre-set timeframe for offering differential pricing or deep discounts by e-commerce players to customers. New Delhi: The commerce and industry ministry is drafting a new e-commerce policy to boost the fast-growing online retail sector, a government official said Thursday. “We are in the process of drafting the new e-commerce policy,” Secretary in the …

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 …

Draft e-commerce policy: Govt to ensure level playing field for domestic players; all you need to know about the blueprint
6 years, 5 months ago

Draft e-commerce policy: Govt to ensure level playing field for domestic players; all you need to know about the blueprint

Firstpost  

Traders welcome the government’s move to formulate an e-commerce policy that mandates local storage of user data, and hoped the policy will help build robust reform. The think tank will now work on the final draft national policy for the e-commerce sector, based on the recommendations, which would be placed in the public domain for further comment. Data policy Data …

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 …

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