Don’t tinker with FDI e-comm rules

Though change in rules is meant to lend greater clarity, constant meddling can hit India’s investor-friendly image

Invoking a sense of déjà vu, the Centre is going to once again tweak the foreign direct investment (FDI) rules for e-commerce. This is proposed as part of its recommendations suggested in the unofficial draft of e-commerce policy that unintentionally got leaked.

First, a bit about these proposals in the draft e-commerce policy. The proposals target boosting exports of e-commerce entities by treating e-commerce exports at par with non-e-commerce exports and enhancing exports by using India Post and Foreign Post Offices facilities; providing safeguard measures by ensuring registration with designated authority and identifying rogue e-commerce entities that host pirated content and after

Please click here to read the full article by Lalit Kumar, published in The Hindu Business Line.