Ecommerce companies cannot charge additional prices from third-party sellers for these services. This will impact backend operations, as Group entities would have to be removed from the e-commerce value chain. Way forward. Take advantage of our expertise in supply chain management and operations processes. Any service on an e-commerce platform – logistics, warehousing, or easy financing options – will now have to be offered to all sellers and not to only preferred sellers. The National e-Commerce Policy lays down strategies to address issues pertinent to the sector.Consumer protection, data privacy and maintenance of a level-playing field are some of the crucial issues. E-commerce Portal: ekhadiindia.com | UPSC HEADLINES: The E-commerce Platform becomes another symbol of Ministry’s process re-engineering; this time through e-marketing WHY IN NEWS: Ministry’s khadi arm- Khadi & Village Industries Commission (KVIC) launches E-commerce … 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. Restricts marketplaces from influencing prices in a bid to curb deep discounting. Tag:IAS UPSC IASbaba RSTV Debate, RSTV Big Picture UPSC IAS, No.38, 3rd Cross, 1st Phase, The new guidelines restricting discounts and cashback will help brick-and-mortar retailers retain customers. 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Crisp news summaries and articles on current events about National E-Commerce Policy for IBPS, Banking, UPSC, Civil services. E-commerce regulation and need of e-commerce policy. The National e-Commerce Policy lays down strategies to address issues pertinent to the sector-Consumer protection, data privacy, and maintenance of a level playing field.Need for policy. Currently, e-commerce platforms are allowed only to follow marketplace model where 100% FDI is allowed. Earlier separate Ministries for Small Scale Industries & Agro and Rural Industries (SSI&A&RI) and Heavy Industries and Public Enterprises (HI&PE) were created in October, 1999. For imported goods, the country of origin and value of work done in India should be clearly specified. 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. Discuss the salient features of Consumer Protection (E-Commerce) Rules, 2020. India’s latest e-commerce policy draft includes steps that could help local startups and impose government oversight on how companies handle data. Inventory model - FDI may be allowed in inventory-based e-commerce companies up to 49%. Various e-commerce companies led by #Amazon and #Flipkart have raised concerns related to these clarifications. To know more about FDI in Retail, follow the linked article. The main features of the clarification include the provision that vendors that have any stake owned by an e-commerce company cannot sell their products on that e-commerce company’s portal. How many Articles are there in the Constitution. the various E-Commerce stakeholders, maintaining a level-playing field for relevant stakeholders. 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. 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Back2Basics: Invenetory model and marketplace model. Electronic Commerce, commonly known as E-commerce or eCommerce, is trading in products or services using computer networks, such as the Internet. UPSC Exam. E-COMMERCE RULES [UPSC Notes GS III] Context: ... E-commerce companies would be barred from selling products sourced from firms in which they have a ... come with an e-commerce policy soon so that small vendors get enough chances to participate in the online business. Insights has redefined the way preparation is done in UPSC civil service exam. The e-commerce revolution in India is setting a dangerous precedent which defies traditional market logic. The time has now come to look at franchise channels, rather than equity investments channels, to do business in India,” Rajiv Chugh, National Leader, Policy Advisory & Speciality Services, EY India, said. and aspirants should prepare this topic for General Studies Paper III. To know how FDI will affect E-commerce in India, visit the linked article. Required fields are marked *. E-Commerce - Read about mobile commerce, electronic funds transfer, supply chain management, Internet marketing and more related to e-commerce. UPSC Commerce and Accountancy Syllabus 2020 for IAS Exam is released in the official notice of Civil Service exam. The government has released the draft e-commerce policy. The Video discusses the basics related to the e-commerce … Given the unique authorities and oversight, Customs can and should play a central role in the cross-border management of E-Commerce, leveraging existing conventions, instruments and tools. Popular Courses. E-commerce companies will be required to make data available to the government within 72 hours, which could include information related to national security, taxation and law and order. This topic is important for the UPSC Mains exam. 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