Post Date : December 31, 2019
The national e-commerce and industrial policies will be released by March 2020, the Department For Promotion of Industry and Internal Trade (DPIIT) secretary Guruprasad Mohapatra announced this Saturday.
DPIIT had released a new draft e-commerce policy that had proposals regarding data localisation and efficiency of the operations of e-commerce companies in line with FDA rules and regulations in the country. It was met with dissent by several e-commerce companies such as Flipkart and Amazon, who had raised concerns over the proposed regulatory guidelines by the department. The Secretary, however, said that they had conducted several Stakeholders meeting on both e-commerce and industrial policies.
This comes at a time when the Confederation of All India Traders (CAIT) had gone on a day-long hunger strike across many cities in India demanding that the government acts immediately against e-commerce companies for violation of FDA rules apart from indulging in unethical practices.
The secretary-general of CAIT, Praveen Khandelwal had said that the traders will continue their nationwide agitation relentlessly until the government takes strict measures against e-commerce companies.
Apart from the e-commerce policy, DPIIT is also focusing on the new industrial policy aimed at promoting emerging industries- aimed at making India a manufacturing hub. The decision of the new industrial policy was brought to attention in 2017 after DPIIT had called upon all the industry stakeholders to provide key suggestions for transforming the scene of emerging industries and startups.