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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.
There are certain complaints from consumers and from small retailers about certain practices of the e-commerce companies, which are under investigation, Piyush Goyal said
Expressing 'pain', the minister said that every ministerial meet (top decision-making body of the WTO) ignores the issues of interest to the developing world that have been festering for years., , e-commerce sector, piyush goyal, economy, World Trade Organisation (WTO), COVID-19 Pandemic
No unanimity: Ecommerce policy may be dropped SECTIONS Share Synopsis The Department for Promotion of Industry and Internal Trade (DPIIT), the nodal body for the policy, had held the consultation. Various ministries had raised concerns over the role and reach of the regulator, provisions relating to consumer data protection in the policy, overlaps with other legislation and categories of data that require mirroring. Agencies The draft policy provides for regulations on issues such as security, law and order, law enforcement, taxation and safety of individuals NEW DELHI: India may drop the pro...
Government planning tighter FDI rules for ecommerce sector SECTIONS Last Updated: Jan 19, 2021, 11:45 PM IST Share Synopsis The Department for Promotion of Industry and Internal Trade (DPIIT) may issue a clarification through a Press Note, expressly prohibiting e-commerce platforms from holding stake in a seller, directly or indirectly. Getty Images NEW DELHI:India is likely to tighten the foreign direct investment (FDI) rules for e-commerce to check companies set up by the online marketplaces from trading on their own platform. The Department for Promotion of Industry and Internal Trade (DPI...