Asked about the implementation of e-commerce rules so far, the secretary said e-commerce was a relevant sector last year and continues to be even now.
The programme aims to enhance customer experience and profitability, as well as support Shoppers Stop's goal of being the go-to digital destination.
The changing consumer preferences moulded by the pandemic in addition to the value and budget consciousness has put value-e-commerce in the spotlight.
Online marketplaces were a great enabler for connecting buyers with sellers; however, they no longer serve as an example of what a free market should look like
The beauty of D2C is the fact that it disintermediates the selling and buying process. There is no intermediary, no e-commerce platform in between
The draft e-commerce rules released by the government on June 21 propose a ban on fraudulent flash sales and mis-selling of goods and services on e-commerce platforms.
The development comes in the backdrop of various complaints by domestic traders’ body like CAIT against e-commerce giants such as Amazon, Flipkart and others.
The statement assumes significance as the minister recently stated that many large online firms have come into India and "very" blatantly flouted the laws.
The number of online shoppers for 2021 is pegged at 190 million compared to 150 million last year, said Mrigank Gutgutia, Director, Consumer Internet, Redseer on Wednesday.
The variety and choice available from the comfort of their homes and the competitive prices offered have made online marketplaces a big hit.
E-commerce firms must now also register with the DPIIT within a prescribed period and also display the registration numbers.
Ban on misleading users by manipulating search results, appointment of chief compliance officer and resident grievance officer are some of the other amendments being proposed.
Innoventia Systems, a start-up in Kochi’s Infopark has launched an e-commerce platform called www.
Company will work with Adani Logistics to strengthen its supply chain infrastructure
It claimed that such a deal will ?encourage malpractices, loss funding and predatory pricing in e-commerce?