New Delhi [India], February 9 (ANI): An Indian alternative of the cross-platform messaging service Whatsapp named 'Sandes' is currently being tested by government officials in India. The app is ready and is being tested by ministry officials.
Updated Feb 09, 2021 | 20:33 IST
CAIT has time and again alleged that the e-commerce players violated the Foreign Exchange Management Act and FDI rules. Govt considering certain clarifications on FDI in e-commerce sector: Piyush Goyal | Photo Credit: ANI
New Delhi: Amid domestic traders complaining alleged violations of FDI norms by foreign online players, Commerce and Industry Minister Piyush Goyal on Tuesday said the government is considering to come out with certain clarifications to ensure that the e-commerce sector works in the true spirit of the law and rules.
He said the current FDI policy for the e-commerce sector is robust and well-designed. However, there are certain complaints from consumers and small retailers about certain practices of the e-commerce companies, which are under investigation, he added.
Read more about Govt considering certain clarifications on FDI in e-commerce sector: Goyal on Business Standard. The government is considering to come out with certain clarifications to ensure that the e-commerce sector works in the "true spirit" of the law and rules
Separately, the minister also said that India is waiting for the confirmation of the new United States Trade Representative before starting a dialogue to expand trade relationship.
E-commerce companies under govt scanner on retailers complaints: Piyush Goyal
Saying that India s FDI policy for e-commerce sector is robust, Goyal said the government is considering issuing some clarifications to ensure that fair trade practices are followed.
BusinessToday.In | February 9, 2021 | Updated 22:24 IST
Goyal said the companies which are going against the law will have to respond to government s concerns and change their business practices.
The government is investigating some e-commerce companies as there have been complaints from consumers and small retailers about certain practices followed by these companies, Commerce and Industry Minister Piyush Goyal said on Tuesday.
Saying that India s foreign direct investment (FDI) policy for e-commerce sector is robust, Goyal said the government is considering issuing some clarifications to ensure that fair trade practices are followed.