No need for regulator for e-commerce: CIM

The Government of India has disapproved the demand by small traders for a regulator in the e-commerce sector. Commerce & Industry Minister Shri Piyush Goyal told representatives of small traders during a meeting that the appointment of a regulator will not solve their problems. The Department for Promotion of Industry and Internal Trade (DPIIT) had presented a draft national e-commerce policy where it proposed regulation of cross-border data flows, location of computing facilities within India and setting up of a dedicated ‘data authority’ to address issues on sharing of community data. However, the policy has not talked about the appointment of a regulator like the previous draft policy released by the Department of Commerce in 2018. 

Subscribe To Newsletter

Stay ahead in the dynamic world of trade and commerce with India Business & Trade's weekly newsletter.