Home E-Commerce DPIIT starts analysing stakeholders’ perspectives on draft e-commerce policy
E-Commerce - February 19, 2024

DPIIT starts analysing stakeholders’ perspectives on draft e-commerce policy

DPIIT starts analysing stakeholders' perspectives on draft e-commerce policy 1

NEW DELHI: The Department for Promotion of Industry and Internal Trade (DPIIT) has commenced analyzing the feedback and hints received from stakeholders at the draft country-wide e-commerce coverage. The deadline for sending comments ends Friday.

The DPI, resources stated, does now not intend to increase the cut-off date for looking for views at the draft e-commerce policy. Earlier, at the request of stakeholders, the branch extended the deadline from March nine to March 29.

Sources additionally said that as the general elections are going to start from the subsequent month and the version of conduct has kicked in, the procedure of formula of the final policy may additionally wait till the brand new authorities assume fee as it calls for approval of the union cupboard.

Earlier this month, the branch held consultations with stakeholders on the coverage, wherein participants raised a call for a separate policy on records-associated issues.

stakeholders

Among various issues, the draft policy in particular talks approximately data. The draft has proposed a criminal and technological framework for regulations on go-border information drift from distinct resources such as statistics generated through customers in India by diverse resources, including e-trade retail systems and social media gear.

It has also laid out situations for groups concerning series or processing of touchy information locally and storing it overseas. Besides, it has advised repairing a three-year length for the industry to alter to the statistics garage requirement of the country if you want to increase infrastructure for selling digital financial systems.

These concepts aren’t going correctly with certain overseas technology companies, as they do not want to store facts in India. It seeks to offer for consideration and discussion of a coverage framework to allow u . S . To advantage from the fast digitization of the domestic and global economic system.

The 41-page draft talks about approximately six broad issues of the e-commerce environment — information, infrastructure development, e-commerce marketplaces, regulatory troubles, stimulating domestic digital economic system, and export advertising thru e-commerce.

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