National E-Commerce Policy: Coming soon? All you need to know
Piyush Goyal explained that the draft policy seeks to create a facilitative regulatory environment for growth of the e-commerce sector.
Commerce and Industry Minister Piyush Goyal in a written reply to the Lok Sabha has said that the national e-commerce policy is under consideration but there is no timeline as to when it will be released. Goyal explained that the draft policy seeks to create a facilitative regulatory environment for growth of the e-commerce sector.
"A series of meetings have been held at the level of Secretary, DPIIT with different stakeholders, including major e-commerce companies, startups, industry associations, think-tanks, academicians etc as well as data centre providers, logistics companies, export promotion councils to discuss the issues facing the sector and the provisions contained in the draft policy," Goyal revealed.
"Since e-commerce is a new issue, it has necessitated detailed consultations over the last few months to ensure that the policy is crafted in a manner that interests of all stakeholders are taken into account. Therefore, no timeline has been fixed for release of the same," he added.
In a separate reply, he said representations have been received in the ministry alleging that some e-commerce platforms are engaged in predatory pricing and are providing excessive discounts.
"If any violation is reported, necessary action may be taken by the competent authority," he said.
"Further, Competition Commission of India in one case filed against Flipkart Internet Pvt Ltd And Amazon Seller Services Private Ltd., vide order dated January 13...Has directed the DG to conduct an investigation and submit its investigation report," Goyal concluded.
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