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 […]
Parul April 3, 2019
MORE IN News
Wholesale Price Index inflation remains benign: Industry
WPI inflation edges up to 1.26% in April
Global VC firms eye controlling stake in popular food chain Haldiram’s
Industry watchers hail continuous easing in CPI inflation
India’s debt GDP ratio is much lower than US, Japan, France, UK: Sitharaman
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.