Government today said that e-commerce guidelines have brought in greater clarity about the sector and they will provide a level playing field to both online and offline stores. Talking to media in New Delhi this afternoon, Commerce and Industry Minister Nirmala Sitharaman said, she is very enthused and encouraged by various write-ups in newspapers that the clarification indeed has brought in greater clarity and also probably checked predatory pricing and discount giving exercises. She said, the market is free and the government does not believe in interfering in it, adding that somewhere Governement has to ensure Indian players and Indian market situation does not get unnecessarily skewed to distort any free trade practices. She said, e-commerce has been encouraged but obviously it is not going to restrict the consumer. The Minister's statement assumes significance as some industry experts have raised concerns over certain conditions of the e-commerce guidelines like, players would not directly or indirectly influence prices of the products. While the government permitted 100 per cent Foreign Direct Investment in marketplace e-commerce retailing, the guidelines stated that such entities will not directly or indirectly influence the sale price of goods and services and shall maintain level playing field. In view of the guidelines, e-retailers having foreign investments may now find it difficult to provide lucrative discounts to attract customers. Discounts can only be given by the owner of the goods or provider of services.
News On AIR | April 4, 2016 3:35 PM
E-comm norms to provide level playing field, clarity: Nirmala