Tuesday, July 31, 2018

New e-com policy: Cheap online shopping may end

The draft e-commerce policy has proposed that 'deep discounts' be stopped from a specified date to regulate the e-commerce sector. The plan is to include multiple aspects in the legislation — from consumer protection and grievance redressal to ownership, FDI, local storage of data, protecting micro, small and medium enterprises and mergers and acquisitions.

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