Login With Google
Government to clarify e-com FDI rules
Why is it in news?
- The Centre plans to issue a clarification on the foreign direct investment (FDI) policy for the e-commerce sector.
Details:
- The plan to issue clarification came in the wake of investigations into some foreign players’ operations following complaints about malpractices.
- The government had sought information from the online marketplaces as part of a probe into ‘certain complaints from consumers and small retailers.
- Commerce and Industry mentioned that e-commerce platforms could only act as a service provider.