This topic is important for the UPSC Mains exam. The policy focuses on six broad issues of the e-commerce sector, which includes data, infrastructure development, e-commerce marketplaces, regulatory issues, stimulating domestic digital economy and export promotion through e-commerce. E-commerce platforms would be required to provide to consumers the details of sellers, including phone numbers, customer complaint contacts, email and addresses. The e-commerce policy will be aligned with these issues. AGREES that this Recommendation applies to business-to-consumer e-commerce, including commercial practices through which businesses enable Various e-commerce companies led by #Amazon and #Flipkart have raised concerns related to these clarifications. For this clause, the provision of services to any vendor on such terms that are not made available to other vendors in similar circumstances will be deemed unfair and discriminatory. Ecommerce companies cannot charge additional prices from third-party sellers for these services. This will allow e-commerce firms to offer their own brands as long as they are made in India. The Policy takes into account interests of all stakeholders, be they investors, manufacturers, MSMEs, traders,retailers, startups and consumers. The e-commerce revolution in India is setting a dangerous precedent which defies traditional market logic. They had started luring away so many customers with discounts and cashback — and of course, the ease of buying without stepping out — that brick-and-mortar retail was seen to be dying off soon. Discuss the salient features of Consumer Protection (E-Commerce) Rules, 2020. Don’t lose out on any important Post and Update. This topic is important for the UPSC Mains exam. Global corporations lead in each of these segments, while local startups have sought help from a sympathetic government that recently banned dozens of apps backed by Chinese technology giants. India set out a new draft policy to govern its ever-increasing e-commerce sector. Government, in consultation with relevant stakeholders, will define the categories of e-commerce that would require mirroring or localization. Crisp news summaries and articles on current events about National E-Commerce Policy for IBPS, Banking, UPSC, Civil services. The index scores 152 nations on their readiness for online shopping, worth an estimated USD 3.9 trillion globally in 2017, up 22 per cent from the previous year. É grátis para se registrar e ofertar em trabalhos. Hosting data overseas has been a sticking point in previous drafts, which sparked criticism for being heavy-handed in helping local startups at the expense of others. The Need: India’s roaring digital economy, with half a billion users and growing, is witnessing pitched battles in everything from online retail and content streaming to messaging and digital payments. Conclusion. Global corporations lead in each of these segments, while local startups have sought help from a sympathetic government that recently banned dozens of apps backed by Chinese technology giants. It refers to the buying and selling of goods and services via electronic channels, primarily the Internet. India’s new e-commerce policy came into effect on February 1, 2019. Your email address will not be published. The policy draft was prepared by the Ministry of Commerce’s Department for Promotion of Industry & Internal Trade. In November 2018, the OnePlus 6T phone went on sale exclusively on Amazon, besides being available on the phone company’s website. E-commerce firms are needed to comply with the new guidelines by February 1, 2019. New E-Commerce Rules in India [UPSC Notes GS-III]:-Download PDF Here. What is e-commerce? E-Commerce - Read about mobile commerce, electronic funds transfer, supply chain management, Internet marketing and more related to e-commerce. Click to download our app. Such “exclusive sale” deals are common and popular across e-commerce platforms in India. The Commerce Ministry to carry out a fresh round of consultations with stakeholders to address concerns raised by many on the proposed e-commerce policy. 2nd Stage, 60 Feet Mains Road, 8 (Next to Croma Store). Over 6 lakh users. Under the new rules, the e-commerce retailer shall be deemed to own the inventory of a vendor if over 25 per cent of the purchases of such a vendor are through it. What is e-commerce? The newly drafted e-commerce rules would protect domestic firms and may further restrict the way foreign companies operate within the country. The government has been working on the policy for at least two years amid calls to reduce the dominance of global tech giants like Amazon.com Inc., Alphabet Inc.’s Google and Facebook Inc. On the issue of where data is stored, the draft leaves open the question of which e-commerce platforms would have to keep information locally. Landmark: Opposite to BBMP Office / CULT Fitness, IASBABA, 5B, Pusa Road, Karol Bagh, New Delhi – 110005. The revised norms are aimed at protecting the interest of domestic players, who have to face tough competition from e-retailers having deep pockets from foreign investors. India’s latest e-commerce policy draft includes steps that could help local startups and impose government oversight on how companies handle data. Linking the rules, procedures, and incentives for the imports and exports with other government schemes like Make in India, skill India, Digital India etc for the purpose of the export promotion. For more UPSC related preparation materials and articles, visit the links given in the table below: Your email address will not be published. Body. will be providing a … Department of Industrial Policy & Promotion was established in 1995 and has been reconstituted in the year 2000 with the merger of the Department of Industrial Development. The Video discusses the basics related to the e-commerce … And while it’s simple to attribute the changes to the pandemic, many of the trends impacting e-commerce fulfillment were already in motion before Covid … Samsung launched its new A9 phone exclusively on Flipkart. Consumers may no longer enjoy the deep discounts offered by retailers that have a close association with marketplace entities. With this, special offers like cashback, extended warranties, faster deliveries to some brands will be prohibited, with the view to provide a level playing … The biggest winners from the new guidelines will be the traditional brick-and-mortar sellers. Explain. Des modules Chronopost sont téléchargeables pour intégrer le service de livraison directement sur votre plateforme e-commerce. Once this definition is taken in conjunction with the foreign direct investment (FDI) rules, the situation becomes complex. The implementation has caused widespread disruption for the online retailers, forcing some of … This comes with a condition that the e-tailer sells 100% Made-in-India products. This article will describe in detail new e-commerce rules in India, its effect on major e-commerce players, vendors, and consumers. Chandralayout, Bengaluru-40 From the point of view of the vendor too, the clarification said that an entity with an equity stake owned by an e-commerce marketplace entity or its group companies, or having control on its inventory by e-commerce marketplace entity or its group companies, will not be permitted to sell its products on the platform run by such marketplace entity. 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