The domestic e-commerce companies should also follow the Foreign Direct Investment rules, according to the Confederation of All India Traders.
The domestic e-commerce companies should also follow the Foreign Direct Investment (FDI) rules, according to the Confederation of All India Traders (CAIT).
Traders’ body CAIT said recently that the FDI norms for domestic e-commerce firms should be implemented to discourage unethical practices.
The CAIT also urged the Commerce and Industry Minister Suresh Prabhu to announce the proposed policy for the sector.
The Indian Government recently barred online sellers such as Amazon and Flipkart from selling products of businesses where they hold stakes.
