CAIT proposes a regulatory body for e-commerce sector

As per the press release from the Confederation of All India Traders also known as CAIT, the association has recently […]

   
CAIT-proposes-a-regulatory-body-for-e-commerce-sector

As per the press release from the Confederation of All India Traders also known as CAIT, the association has recently urged for a quasi-judicial or judicial body with adjudication and enforcement authority to put the policy into effect while submitting its suggestions on the draft e-commerce policy to the government. It has also suggested that Cash on Delivery (COD) system in e commerce should be completely banned. The CAIT has supported the principle of data localisation and creation of a trustworthy, transparent and effective e commerce marketplace having equal opportunities for small traders to participate fearlessly in order to moving small business to digital landscape and has demanded the Government to carve out a equitable policy to encourage small traders to join e-commerce business. Moreover, to add transparency the trader’s association has also called for central registration of every e-commerce platform which is engaged in business through any form of digital mode. This move has been taken as the government is unaware of the number of e-commerce entities presently working in the country.





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