What is the news? India’s plan to tighten rules on its fast-growing e-commerce market has run into internal government dissent, memos reviewed by Reuters show. The Ministry of Finance has described some proposals under the draft e-commerce rules as “excessive” and “without economic rationale”. It should be noted that there’s not yet a formal implementation… Continue reading India plan for tighter e-commerce rules faces internal govt dissent: Report
Tag: Draft e-commerce rules
NITI Aayog caught in e-com cross hairs
Source: Business Standard Contents1 What is the news?2 Background3 What did NITI Aayog say?4 What is the fallback liability clause?5 Why is CAIT criticizing NITI Aayog? What is the news? Confederation of All India Traders (CAIT) has criticized NITI Aayog on its opposition to some of the e-commerce policy rules. In June, the consumer affairs… Continue reading NITI Aayog caught in e-com cross hairs
Don’t let the new e-commerce rules ruin innovation
Source: Livemint Relevance: Implications of Consumer Protection (E-Commerce) Rules, 2020. Synopsis: Small internet outlets have flourished lately, but may find their operations hampered by compliance burden under the Consumer Protection (E-Commerce) Rules, 2020.. A brief look at some problematic provisions. Background Read here: Draft ecommerce rules – Explained, pointwise Reason behind increase in online businesses… Continue reading Don’t let the new e-commerce rules ruin innovation
Our flawed e-com policy sends out awful signals
Source: Livemint Relevance: Regulatory regime in India and issues related to it. Synopsis: India’s regulatory framework for e-commerce needs to be market-friendly because its failure to pass this test will go against long-term economic interests. Introduction: As a developing economy, India’s regulatory ambitions fall short of what defines ‘regulation’. For Further read – Draft e-commerce… Continue reading Our flawed e-com policy sends out awful signals
Centre mulls changes in draft e-commerce rules
Source: Business Standard Contents1 What is the news?2 Why govt is considering changes?3 Background4 Concerns 5 Suggestions What is the news? The Centre is considering changes to the consumer protection rules on e-commerce that may include redrafting related party sales and clarity on flash sales, after consultation with industry and e-commerce players. Why govt is considering… Continue reading Centre mulls changes in draft e-commerce rules
E-commerce companies call out lack of clarity in draft rules
Source: Indian Express What is the news? Government has decided to extend the last date for submission of comments on the draft ecommerce rules till July 21 from the earlier deadline of July 6. While the government did not disclose any reasons for extending the date, it is learnt that it has come as a… Continue reading E-commerce companies call out lack of clarity in draft rules
E-commerce norms on global lines: Government
Relevance: Synopsis: The EU and countries like the US, Australia, Japan and Singapore, have strict e-commerce regulations. The proposed Draft e-commerce rules are aimed at fulfilling the evolving global architecture. How are the e-commerce companies governed globally? The European Union: In December 2020, the European Commission proposed a digital regulation package consisting of the Digital Services Act… Continue reading E-commerce norms on global lines: Government
What India’s new rules mean for e-marketplaces
Context: The Centre has proposed additions and changes to the Consumer Protection (E-commerce) Rules, 2020. This has caused confusion among e-commerce firms and stakeholders. To whom the new rules applicable? According to the definition provided in the rules, these rules apply to “all goods and services bought or sold over digital or electronic networks including… Continue reading What India’s new rules mean for e-marketplaces
Draft e-commerce rules and their challenges – Explained, pointwise
Contents1 Introduction2 About the Draft E-commerce rules3 Need for the draft e-commerce rules4 Advantages of the draft e-commerce rules5 Challenges with the draft e-commerce rules:6 Conclusion7 Sources Introduction The government has proposed changes to the e-commerce rules under the Consumer Protection Act to make the framework under which firms operate more stringent. It comes 11 months… Continue reading Draft e-commerce rules and their challenges – Explained, pointwise