Govt plans national e-commerce policy as smartphone proliferation aides to industry growth
1 year, 1 month 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 firms and a domestic traders' body on the proposed policy. "The technological boom integrating augmented reality and virtual reality into mobile shopping experiences has reshaped the online retail sector by creating more immersive and interactive experiences for users," Kumar Saurav, chief strategic officer, of Adcounty Media, said.

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History of this topic

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 …

‘We are trying to redefine consumption on mobiles’
2 years, 10 months ago

‘We are trying to redefine consumption on mobiles’

Live Mint  

Adtech firm InMobi’s lockscreen platform Glance was already a unicorn when it announced a $200 million investment from billionaire Mukesh Ambani’s Jio Platforms Ltd on Monday. They invested about $200 million at a certain valuation and then there’s a business partnership that also has a separate construct, and net all is what you see as 17%. Tewari: What we’re trying …

India’s e-commerce regulatory contradictions: P2B regulatory blindspot
3 years, 3 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 …

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 …

India should focus on job creation for balanced growth
3 years, 9 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 …

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