Updated Mar 15, 2021 | 19:37 IST The proposed safeguards on data may not be received well by global giants like Amazon and the Walmart-backed Flipkart. Representational Image The Government of India is ready with a new draft of the national e-commerce policy, and it seems to have changed its mind on having a regulator per se. However, e-commerce players will still have to register with a competent authority as identified by the Centre and will be monitored by a Standing Group of Secretaries. What's more, the government seems set to disallow the cross-border flow of data on Indians transacting in India. E-commerce players data may in fact also be regularly audited by Indian firms. The proposed safeguards on data may not be received well by global giants like Amazon and the Walmart-backed Flipkart.