Ecommerce policy: DPIIT seeks govt's views to avoid clash with other regulations

 By:

ET

(This story originally appeared in on Nov 25, 2020) Bengaluru: The Department for Promotion of Industry and Internal Trade (DPIIT) is seeking inputs from a slew of ministries and government agencies to build consensus on and hasten the launch of regulations to govern all forms of electronic commerce in the country, people in the know told ET. At a recent meeting, attended by representatives from Reserve Bank of India, India Post and the ministries of electronics & IT (MeitY) and consumer aairs, DPIIT oicials discussed the proposed regulation, the rst draft of which was released in February 2019. The DPIIT outreach aims to ensure the ecommerce proposals do not clash with other upcoming legislations, government oicials said. Some Issues Identied Personal and non-personal data policies, the consumer protection Bill and various taxation policies are in the works that aect online commerce, social media and Internet companies in India. “The process is on and some issues have also been identied,” said a senior government oicial, who conrmed the recent meeting between various government stakeholders but declined to specify the suggestions made. Other senior oicials directly engaged with the drafting of the ecommerce policy did not reply to ET’s queries on the development. The DPIIT outreach aims to ensure the ecommerce proposals do not clash with other upcoming legislations, government ofcials said. Getty Images Industry English Edition | 25 November, 2020, 03:28 PM IST | E-Paper / Meanwhile, industry executives told ET they expect the second draft of the proposed ecommerce policy will likely include clauses to regulate the functioning of online marketplaces such as Amazon and Flipkart while carving out benets for local ecommerce players — where over 51% of ownership is Indian. It could also look to incentivise ow of local capital into India’s burgeoning internet commerce space. Other specic regulations could include restrictions on bulk purchase of smartphones, white goods, electronics and fashion products by related party sellers on ecommerce marketplaces, people aware of the development said. “The setting up of a regulator for the ecommerce sector is also on the cards, which is bound to face resistance from companies,” said a senior executive at a leading ecommerce company. The discussion on the second draft policy comes almost twenty months after the government released the rst set of proposals. Last month, minister of state for commerce and industry Som Parkash, in an event organised by the Federation of Indian Chambers of Commerce & Industry, had said that the ecommerce policy and several other trade policies were being nalised, and that the government would extend support to the ecommerce and retail industry through its policies. Other senior industry executives that ET spoke to also said that the upcoming ecommerce policy will likely provide guidance on data localisation, consumer protection, directives to boost digital payments and ecommerce exports. It could also include restrictions on ecommerce imports. 

Source: https://economictimes.indiatimes.com/industry/services/retail/ecomm-policy-dpiit-wants-consensus/printarticle/79398968.cms

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