Draft Ecommerce Policy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

India’s move to deter digital monopolies may hit Amazon, Walmart SECTIONS Last Updated: Mar 13, 2021, 11:41 PM IST Share Synopsis The draft rules seek to prescribe a code of conduct for online retailers and define cross-border flow of user data, according to a note titled Draft Ecommerce Policy, a copy of which was seen by Bloomberg News. Getty Images Prime Minister Narendra Modi’s government --beset by complaints from its traditional vote base of small retailers -- has been framing rules to reduce the dominance of Amazon and Walmart-owned Flipkart in India India’s draft e-commerce rule...

Inter-Ministerial meeting on draft e-commerce policy on Saturday SECTIONS Share Synopsis The meeting aims to factor in issues of important national consideration in the e-commerce policy that seeks to set up a regulator for the sector and implement a new law to restrict the data e-commerce entities can store, use, transfer, process and analyse. Agencies Officials from the ministries of electronics, external affairs, finance, and micro, small & medium enterprises, besides Niti Aayog are expected to participate in the meeting. The Department for Promotion of Industry and Internal Trade (DPIIT) ...

FDI for ecommerce is under the regulatory scanner again after the 2018 and the U.S. trade lobbies are now weighing in on the matter