Google News
spot_img
spot_img

E-commerce panel holds first meet to discuss sectoral issues

Must Read

An e-commerce committee headed by NITI Aayog Chief Executive Amitabh Kant held its first meeting on Monday to discuss issues related to the sector, a senior official said.
The meeting witnessed a detailed presentation by the Department of Industrial Policy and Promotion (DIPP) and IT industry body Nasscom to e-commerce sector stakeholders, the official said.
Representatives from six states, including Maharashtra, Karnataka, Assam, Punjab and Madhya Pradesh also attended the meeting, he added.
The Government had set up this committee last month to look into issues related to e-commerce business in India, including foreign direct investment (FDI) norms, as well as taxation problems being faced by private players in some of these states.
The committee members include officials from the Commerce and Information Technology Ministries, and the Department of Electronics, among others.
Currently, the Government allows 100 per cent FDI via the automatic route in the marketplace model of e-commerce.
However, foreign investment is not permitted in inventory-based e-commerce.

Latest News

The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...

Login to your account below

Fill the forms bellow to register

Retrieve your password

Please enter your username or email address to reset your password.