Govt. to disclose clarifications on FDI in e-commerce sector soon: Piyush Goyal

  • On Friday, the Union Commerce Minister of India Piyush Goyal announced that the government will soon come out with clarifications on foreign direct investment (FDI) in the e-commerce sector.

  • There will be no changes in the e-commerce policy related to FDI.

  • "We will also come out with the e-commerce policy and whatever clarifications... Certain instances have come to our notice where the policy is not being followed in letter and spirit, we will obviously be clarifying that very shortly," the minister said to the reporters.

  • "We wanted to come with the consumer protection rules of e-commerce first because we believe that our most important stakeholder is the consumer and we wanted to make sure that consumer protection prevails over everything else," the minister also said.


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