CAIT urges government to roll out e-commerce policy
The Confederation of All India Traders announced that Minister for Commerce and Industry Piyush Goyal has assured that the e-commerce policy will be released after ongoing ministry discussions conclude.
“Piyush Goyal, while talking to the trade delegation, said that e-commerce sector is on priority of the central government led by Prime Minister Narendra Modi and several ministries which are related with e-commerce are deliberating on the draft of e-commerce policy and as soon as the draft is discussed at the level of the government, the same will be put in public domain,” said CAIT in a statement, the Press Trust of India reported.
CAIT sent a delegation to meet Goyal to present its stance on and recommendations for India’s e-commerce sector. As well ask urging Goyal to release the e-commerce policy as soon as possible to better regulate the online marketplace, the organisation asked Goyal to form a regulatory authority for e-commerce. Online traders would be able to bring disputes to this authority which would resolve them and enforce the terms of the e-commerce policy.
CAIT has long spoken out against what it sees as the monopoly of foreign owned businesses Amazon and Flipkart in the Indian e-commerce sphere. The traders’ body has repeatedly asked the government to take action against these businesses and even organised pan-India protests and strikes and has asked for the e-commerce policy to regulate these businesses more strictly.
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