India plan for tighter e-commerce rules faces internal govt dissent: Report

What is the news? India’s plan to tighten rules on its fast-growing e-commerce market has run into internal government dissent, memos reviewed by Reuters show. The Ministry of Finance has described some proposals under the draft e-commerce rules as “excessive” and “without economic rationale”. It should be noted that there’s not yet a formal implementation… Continue reading India plan for tighter e-commerce rules faces internal govt dissent: Report

How private businesses imperil our health as well as prosperity

Source: This post is based on the article “How private businesses imperil our health as well as prosperity” published in Livemint on 31st August 2021.  Relevance: Corporate Responsibilities, Indian Industries and growth. Synopsis: Private sector receives so much from the government such as tax breaks and subsidies but offers very less in return to the citizens of… Continue reading How private businesses imperil our health as well as prosperity

NITI Aayog caught in e-com cross hairs

Source: Business Standard What is the news? Confederation of All India Traders (CAIT) has criticized NITI Aayog on its opposition to some of the e-commerce policy rules. In June, the consumer affairs ministry had proposed a range of amendments under the Consumer Protection (E-Commerce) Rules, 2020, to ‘’protect the interests of consumers and encourage fair… Continue reading NITI Aayog caught in e-com cross hairs

Don’t let the new e-commerce rules ruin innovation

Source: Livemint Relevance: Implications of Consumer Protection (E-Commerce) Rules, 2020. Synopsis: Small internet outlets have flourished lately, but may find their operations hampered by compliance burden under the Consumer Protection (E-Commerce) Rules, 2020.. A brief look at some problematic provisions. Background Read here: Draft ecommerce rules – Explained, pointwise Reason behind increase in online businesses… Continue reading Don’t let the new e-commerce rules ruin innovation

Our flawed e-com policy sends out awful signals

Source: Livemint Relevance: Regulatory regime in India and issues related to it. Synopsis:  India’s regulatory framework for e-commerce needs to be market-friendly because its failure to pass this test will go against long-term economic interests. Introduction: As a developing economy, India’s regulatory ambitions fall short of what defines ‘regulation’. For Further read – Draft e-commerce… Continue reading Our flawed e-com policy sends out awful signals

Share info with Govt, ban on ‘specific’ flash sales: Move to tighten e-commerce norms

Context: Tightening of norms for e-commerce companies   News: The Ministry of Consumer Affairs, Food and Public Distribution is planning major changes to the Consumer Protection (E-Commerce) Rules, 2020. A range of amendments has been proposed. Comments sought from relevant stakeholders by July 6.  Background  In December 2018, the Industry Department had published changes to its foreign direct investment (FDI) policy for e-commerce. These changes were introduced to… Continue reading Share info with Govt, ban on ‘specific’ flash sales: Move to tighten e-commerce norms