News

Piyush Goyal: Industry concerns on e-commerce policy to be addressed

New Delhi, June 18 (IANS) Commerce Minister Piyush Goyal has assured Indian e-commerce players that their concerns regarding the draft e-commerce policy will be addressed and also asked them to send their concerns to the Department for Promotion of Industry and Internal Trade (DPIIT) in the next 10 days.

In a meeting with the Commerce Minister, the e-commerce players told the minister that they felt the draft policy was not “adequately consultative”, an official statement said.

The commerce ministry is currently in the process of finalising the national e-commerce policy and multinational firms have also raised concerns over certain provisions of the draft policy.

The e-commerce players said clarification is required in several aspects of the policy, including processing, timelines and review norms.

The draft policy proposes to set up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad, which is a cause for concern among several players in the market.

Industry representatives also informed the minister that the consultations for the Personal Data Protection Bill by the Ministry of Electronics and Information Technology(MeitY) were satisfactory but a lot of time had elapsed and the industry was not sure about the final shape of the bill.

Ajay Prakash Sawhney, MeitY Secretary, assured the e-commerce companies that the bill will reflect all the consultations that had taken place with the industry during the formulation of the bill.

The industry players requested the minister to ensure that the bill will have more clarity around classification of data and the manner of cross border flow of data.

The minister assured that MeitY will address the concerns.

Apart from major e-commerce and tech companies, the meeting was attended by Minister of State for Commerce and Industry, Som Parkash, senior officers from Ministry of External Affairs, Department of Commerce and DPIIT.

India’s Ambassador to the World Trade Organisation, J.S. Deepak, and President and CEO of Mastercard, Ajaypal Singh Banga also participated in the discussions via direct video link, the statement said.

Pankaj Singh

Editor. Talking about future fascinates me.

Recent Posts

ED Arrested Avantha Group Promoter Gautam Thapar

Avantha Group promoter Gautam Thapar has been arrested by the Enforcement Directorate (ED) regarding a…

59 mins ago

IGNOU extends deadline for admission, re-registration for July session

the Indira Gandhi National Institute Open University (IGNOU) has announced to extend the deadline for…

59 mins ago

2021 Tata Tiago NRG Rolls Out In India, Priced At INR 6.57 Lakhs

After the post-BS6 era, Tata Motors decided to discontinue the Tiago NRG because they wanted…

59 mins ago

Indian Government’s renewable promoting rhetoric or 45% decline in renewable energy subsidies: How can we assess the truth?

Hosting a second largest population of the world and being just a third-world developing country,…

59 mins ago

DU’s School of Open Learning introduces 16 new Certificate courses

The Delhi University School of Open Learning (DU SOL) in KeshavPuram has introduced 16 new…

59 mins ago

UP Govt announces to reopen schools and colleges from august

The Government of Uttar Pradesh has announced to reopen schools from 16th August 2021, but…

4 hours ago