Amid criticism, speak with be hung on e-commerce policy once again

policy once again|TNN|NEW DELHI: Commerce minister Suresh Prabhu has asked authorities to hold another round of assessments with different stakeholders on the draft e-commerce policy after serious issues were raised. He has asked authorities to address the concerns and will personally examine the draft when it is ready.

The draft policy, which was unveiled late last month, has actually dealt with rigid criticism from across the spectrum for some of the procedures that have been proposed. The policy has proposed that “deep discounting” rates policy adopted by ecommerce players be stopped from a defined date to manage the sector.

The policy has actually likewise proposed legislation that will cover food shipment players such as Swiggy and, service aggregators such as Urban Clap and financial services and payment platforms such as Policy Bazar and Paytm.

“The Ministry had received few issues regarding the draft e-Commerce Policy following which CIM @sureshpprabhu has actually directed authorities to conduct another round of consultation with stakeholders to resolve them,” the commerce ministry stated on.

The objective of the draft policy is to include numerous aspects of the e-commerce organisation in legislation varying from consumer security to grievance. Critics have actually knocked the tilt to Indian business in the draft policy while there have been differences over the draft amongst some ministries.

Earlier, officials had meant an overhaul of the file given the wave of criticism that the draft faced.

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